PRE AUCTION WED 19TH MARCH 1.30PM 34 SHORTLAND ST CITY

Property listing ID: 906626

Bedrooms
5
Bathrooms
3
Land area
868m²
Price / method
Sold March 2025 for $1,755,000

An offer has been made on this property and it is now selling in a Pre-Auction Auction this Wednesday 19th March, Auction at 1.30pm Lot 1 at 34 Shortland Street, City. The opening bid will be the reserve and it will be on the market and selling. CALLING ALL DEVELOPERS & INVESTORS First time for sale in many decades, this exceptional property offers immediate development opportunity, long-term hold, or renovation project. The possibilities are enormous. Zoned Mixed Housing Suburban and spanning across a generous 867 square metres of land, this is a prime development site, if it's the land you are after. The Grey Lynn style villa conversion is currently 3 flats (1x1 bedroom, 2x2 bedroom) consistently generating a generous rental income of $1130 per week from reliable long-term tenants. You can breathe new life into this diamond in the rough, landbank with strong rental income or demolish and build. Ideally located near top schools, public transport, and the vibrant Blockhouse Bay Village. Will be sold!

Listed by Barfoot & Thompson , Anna Lechtchinski (New Lynn)