INVEST, OCCUPY OR DEVELOP

35-37, Virginia Ave East, Eden Terrace, Auckland City

Tender

Proposed Usage
Development Site
Floor Area
515.00 m²
Description:
Property ID
1bz6h89

The two separate freehold titles of 372m² and 625m² (997m² total), both with significant improvements and short term occupancies, are offered for sale together or separately.

35 Virginia Avenue East comprises a 320.6m² single level award winning studio/office designed by one of the country's most highly regarded architects. Previously a warehouse, this building has been extended and extensively refurbished into a New York style character property with open truss ceiling, lots of natural light and a private courtyard.

37 Virginia Avenue East comprises a 194.6m² single level warehouse conversion to character studio/office space. Polished wooden flooring, open truss ceiling and flooded in natural light. The balance of the site provides 15 on-site car parks.

Due to the short term nature of the occupancies (both vacant 2018), both properties are suitable for owner occupiers or investors in a city fringe market with ever shortening supply of small standalone buildings. Alternatively a developer could take advantage of the unobstructed north-western outlook and Mixed Use zoning for apartment development.

Not to be overlooked, call now for details.

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Eden Terrace Area