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Avondale

1 Layard Street, Avondale, Auckland

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799sqm Land area SQM
1,680sqm Floor area

25 Apartments - cash cow-potential 8% yield


• 25 apartments plus high profile commercial unit for sale in one line
• All on individual titles, underpinned by 799sqm mixed use land
• Asking price $10,500,000, potential 8% yield
• Immaculately presented, near new and fully furnished
• Low risk cashflow investment or land bank to sell down

Take advantage of this wholesale opportunity to purchase 25 apartments in one line at well below replacement cost. Offered fully furnished and with the potential for a circa 8% yield, this strategically located residential investment provides astute investors an affordable opportunity for an ongoing cash cow investment or add value sell-down project.

Call now for further information.

Asking Price NZ$10,500,000 + GST (if any)
Damien Bullick

Damien Bullick

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Alan Haydock

Alan Haydock

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Available


Block of 25 freehold apartments, plus one commercial unit on individual titles

Amenities


Fully furnished, near new and finished to a high standard throughout

Location


Strategically located close to the Avondale Village and Avondale Train Station

Opportunity


A must view for residential investors, occupiers and accommodation operators