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Reimagine a substantial asset in Auckland CBD

124 Vincent Street, Auckland Central

Investment Opportunities
dollar

Deadline Sale

Floor area
4422m2
Land area
1458m2
Title type
Freehold
On this page:

Deadline sale

Thursday
4:00pm
08
Oct

Map

Property details

Listing # 1781512 | Listed on 4 September
  • Rare value-add opportunity in Auckland’s mid-town
  • 4,422sqm (approximately) over eight levels plus 60 basement car parks
  • 78% occupied with $1.277m short-term net holding income
  • Significant growth potential | Re-lease, convert or occupy

Situated on the southern edge of the Auckland CBD, 124 Vincent Street is a significant commercial building offering substantial upside potential through re-leasing, conversion, repositioning or owner-occupation.

Featuring generous, light-filled floor plates with sweeping urban views and a 70% NBS seismic rating, the building is exceptionally well located just a short walk from Sky City, the New Zealand International Convention Centre and the entertainment precinct around Aotea Square.

With an occupancy profile well suited to complete repositioning, the property benefits from a lease to Flight Centre across 7 levels to provide a substantial short-term holding income during the initial stages of planning for the future.

Ideally positioned mid-way between the Karanga-a-Hape and Te Waihorotiu CRL stations, this precinct of the CBD is well positioned for growth as the city flexes to accommodate a new era of connectivity.

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