7 Layard Street, Avondale, Auckland

62 apartments for sale in one line

• 62 apartments with 64 car parks for sale in one line
• All on individual titles, underpinned by 3,634sqm (more or less) fee simple land with additional development land at the rear
• Immaculately presented, near new and fully furnished
• Low risk cashflow investment, land bank for future development or sell down over time

Take advantage of this wholesale opportunity to purchase 62 apartments in one line at well below replacement cost.

Offered fully furnished and with the potential for an attractive split risk return, this strategically located residential investment provides astute investors an opportunity for an ongoing cash cow investment or add value sell-down project. Currently operating as a boutique hotel, purchasers have the option to continue to operate the hotel or tenant the apartments to long term tenants.

Consideration should also be given to the potential for future development on the surplus land at the rear of the site, or selling down the apartments individually.

Call now for further information.