AUCTION: 11:00AM, Wednesday 7 October 2026 (unless sold prior) | In rooms at Wallace, Level 2, 167 Victoria Street West , Auckland Central
The owner is clearing out his portfolio. He has no sentimental attachment to this one, it's simply next on the list. It goes to auction, and the market sets the price.
The ground rent has just been reviewed and returned a 0% increase, now set for the next seven year rent review cycle. The largest single cost is a known figure for the years ahead.
It is leasehold. That's why there's a buy-in here that freehold won't give you, and the yield is yours to set: the less you pay on the day, the harder the numbers work.
Run as an Airbnb, so it's been professionally cleaned after every guest. Can be sold furnished.
Run the numbers. Set your price. Be in the room.
Contact Dan or Rodney for the information pack, outgoings, trading figures and viewing times.
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