 Add Value or Occupy, Central City
19 Graham Street, City Centre, Auckland City, Auckland |
The opportunity
Discover a remarkable investment opportunity with this versatile property located on Graham Street in the highly sought-after Western CBD. A rare opportunity to re-position an affordable asset in a favored part of the CBD with an abundance of carparks Contact Tony Allsop on +64 21 959 154 or Ross Hinshelwood on +64 21 153 3435 for more information |
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Highlights |
 Owner Occupier PotentialThe property currently generates strong passing income of $96,068.57 pa plus GST from month-to-month leases with multiple tenants, ensuring a steady cash flow from day one. Spanning 473 sqm, the property offers considerable flexibility. You can choose to occupy a portion while maintaining rental income from the remaining space or take advantage of the full space for your own needs. |
 Refurbishment Opportunity
The short-term leases and coveted location present a lucrative opportunity for residential conversion. With the capacity to transform the space into one or multiple apartments and 14 dedicated car parks, the potential is substantial. Alternatively, consider refurbishing the entire property to create one or two tenancies, enhancing rental income and boosting the underlying value. |
The agents |
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Location |
Sales processFor sale by Negotiation |
Enquire |
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