8 Burns Street, Grey Lynn

price information

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475m² Floor Area

658m² Land Area

CLASSIC GREY LYNN ADD-VALUE

This property has a lovely little secret - you walk into the building on 8 Burns Street and walk out the other end at 30 Monmouth Street. Although it looks to have been built as one structure in about 1974, there is a clear delineation between the two structures.

Once you get inside the possibilities on how you would use the property start coming to mind very easily. Do you subdivide into the two street frontages, or do you convert one warehouse to offices and showroom and leave the other as warehousing? There will be multiple ways that owner-occupiers and investors will look at this raw product.

The structure looks sound and has a 50% NBS seismic rating, whilst the entire roof was replaced just on 12 months ago. If you have been looking for add-value stock, you will appreciate this.