City Centre: Remediate or Redevelop?

17-19 Federal Street, Auckland Central

By Negotiation

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City Centre: Remediate or Redevelop? | 17-19 Federal Street, Auckland Central | 1693637 |      X Close

City Centre: Remediate or Redevelop?

- 807sqm of scarcely available freehold land in Auckland's city centre

- Strategically positioned on the western side of Queen Street near the waterfront

- Close to the Viaduct, Commercial Bay, Ferry building and future CRL stations

- Existing building has issues, but can generate income. Remediate or redevelop?

Easily the best attribute of this 807sqm freehold site is it's city centre location, reaping the benefits of the CBD's trend westwards and towards the waterfront.

The immediate area features an abundance of amenities in the form of Auckland's Viaduct Harbour, the newly completed Commercial Bay shopping centre and the established Britomart entertainment district. Further benefiting this exceptionally convenient location, the ferry building, future CRL stations and other public transport links are all within easy walking distance.

The building comprises two-levels of car parking providing a total of 41 spaces. This provides a podium for the 12 two-level terrace houses above. The building has remedial issues that need to be addressed (reports available), however there is an opportunity to generate a holding income while consents are attained.

Whether remediating, adding to the existing buildings or making a completely fresh start, the favourable Business - City Centre zoning provides buyers a wide range of options, as diverse as the city centre itself, including office, retail, residential and hotels.

Motivated vendors want out! Apply your particular set of skills to unlock the true potential of this unique city centre opportunity.

17-19 Federal Street, Auckland Central

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