For Sale

8m/16 Gore Street, Auckland Central, Auckland

Auction (unless sold prior)

1
1
38 m²

Apartment

•

Auction: Wednesday 28 October 10:30 AM

Auction time

Wednesday

What's around 8m/16 Gore Street

Harbour Suites - Location You Can't Replicate

Just about every apartment brought to market in Harbour Suites over the past six months has sold. That tells you something. Buyers are seeing the opportunity, confidence is there, and with owners increasingly choosing to hold rather than sell, supply is becoming very limited. Having owned the apartment since brand new, this hasn't been an easy decision for our sellers. But they've now made up their minds - it's time to let it go, and this apartment will be sold. Could this be one of the last one-bedroom apartments to come to market for a while? Exceptionally tidy and well looked after, the existing tenant has called the apartment home for the past two and a half years and has just committed to a further 12 month fixed term at $480 per week - providing immediate income and rental stability for investors. Harbour Suites does have ongoing remedial issues and litigation, with the vendor's associated litigation rights to be assigned to the purchaser. But don't overlook what's happening here - apartments are selling, demand has remained strong, and opportunities to buy are becoming harder to find. In a prime downtown freehold location where replacement cost today would be significant, buyers prepared to understand the situation and do their due diligence may see genuine longer-term upside. - Freehold one bedroom apartment - Fixed rent at $480 per week - New 12 month fixed term tenancy signed - Long term tenant of approximately 2.5 years - Immaculately maintained - Prime downtown Auckland location - Litigation rights assigned to purchaser - Highly motivated vendor AUCTION: 10:30AM, Wednesday 28 October 2026 | In Rooms, Level 2, 167 Victoria Street West, Auckland Central (unless sold prior) The evidence is in the sales. Do your homework, understand the opportunity and don't overlook this one. All conjunctional agents are welcome - if you have a buyer, we want to work with you.

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