27 Edinburgh Street, Auckland Central, Auckland CBD corner site – occupy, add-value or develop

Available PropertyFiles:

  • /Asbestos Report/
    • 1876.001_27 Edinburgh Street_ACM Survey_AS.pdf
  • /Auckland Council Property File/
    • Auckland Council Property File.zip
  • /Floor Plans/
    • Floor Plans - Edinburgh St, 27 (2001).pdf
  • /LIM/
    • LIM - Edinburgh St, 27.pdf
  • /PIM/
    • PIM - Edinburgh St, 27.pdf
  • /Seismic Report/
    • Seismic Report - Edinburgh St, 27 (Dr John Jing).pdf
  • /Tender Conditions of Sale/
    • Tender COS - Edinburgh St, 27.pdf

Property Description

• 225sqm (more or less) freehold corner site
• Two-level standalone building with car parking and potential for upside
• Favourable Business – City Centre (15m) zoning
• Short-term tenancies in place provide holding income/cashflow
• Options for owner-occupiers, add-value investors and developers

Available to the market for sale for the first time in over 20 years, this freehold corner site located on the CBD fringe is an exceptional add-value opportunity for a range of purchasers with holding income in place.

The 225sqm (more or less) site is zoned Business – City Centre providing a variety of redevelopment and use possibilities including residential and commercial. Positioned on the corner of Edinburgh Street and Ophir Street and offering proximity to Ponsonby and Karangahape Road, the building has multiple frontages overlooking Newton Gully enhancing this property's future potential.

The standalone building was refurbished circa 2001 and is set over two levels comprising a multi-functional warehouse with roller door access on the ground level while level one is currently utilised as residential/office space on and under-croft car parking is accessed from Edinburgh Street.

This strategic landholding provides maximum flexibility for owner occupiers, add-value investors and developers in a centrally located suburb going through gentrification

The property is being sold by tender closing at 4pm, Thursday 19th September 2024 (unless sold prior). Please contact the sole appointed agents now for further details including the comprehensive information memorandum, due diligence files and viewing arrangements (which are strictly by appointment).

Jean-Paul Smit 021 0216 1616
jean-paul.smit@bayleys.co.nz

Mike Adams 021 977 527
mike.adams@bayleys.co.nz

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Jean-Paul Smit

Bayleys Real Estate

Licensed under the REA act 2008

021 021 61616   021 021 61616   jean-paul.smit@bayleys.co.nz   All Listings

Jean-Paul Smit’s part of the very successful Bayley’s Auckland Metropolitan Markets team, which he has been apart of since graduating from the University of Auckland with a Bachelor of Commerce, majoring in finance and economics.

Jean-Paul believes that hard work in addition to developing and maintaining strong client relationships are the key to any transaction and he is driven to prove himself in this industry. It is this attitude, complemented with a fresh forward thinking approach in which Jean-Paul will use to achieve his goal of becoming one of the top commercial agents in Auckland.

Jean-Paul was captain of the Auckland Grammar Rowing Eight where he rowed with and competed against a number of current Olympic athletes. He has also trained as a competitive kayaker, again training alongside well known Olympic athletes. It is these experiences where he has developed a strong competitive nature and is not afraid to take on a challenge. In the summer he is a surf life saver for Piha SLSC and often competes for them in the surf boat rowing.


Contact Mike Adams

Bayleys Real Estate

Bayleys Real Estate Licensed under the REA Act 2008

+64 21 977 527   +64 21 977 527   mike.adams@bayleys.co.nz   All Listings

Mike Adams is a Senior Commercial Broker based in the Bayleys Auckland CBD office, where he specialises in the sales and leasing of a diverse range of commercial, industrial and development properties throughout the Auckland region and beyond, and has become an integral member of the acclaimed Bayley’s Auckland City and Fringe team of agents led by Alan Haydock.

Since joining Bayley’s in late 2005, Mike has enjoyed considerable success in the real estate arena, concluding a significant number of sales and leasing transactions across a wide range of values and has been in the Top 10% of all Bayley’s Salespeople nationwide for 2014/2015/2016.

This diverse range of transactions have included tenanted investment properties, vacant commercial and industrial buildings, large scale residential and commercial development land sites, mortgagee, liquidation and receivership sales. He has also transacted a range of commercial and industrial leases, alongside a further mix of real estate transactions which include residential, waterfront, lifestyle and rural property in a range of locations.

Prior to joining Bayleys Real Estate, Mike spent almost 20 years with Giltrap Group including senior roles as General Manager of Giltrap Prestige and Independent Prestige. Since joining Bayleys he has retained very close links to number of the key people within the automotive industry.

During his real estate career Mike has built up a diverse range of clients including private individuals, corporate business entities, motor industry contacts, family trusts, owner occupiers, trading banks, accountancy and legal firms, community organisations, regional bodies etc.

Mike Adams enjoys interacting with a wide range of real estate property and people on a regular basis, and growing Bayley’s opportunities and activity in the Auckland commercial and industrial property market segment encompassing a range of commercial, industrial, residential and development precincts which include the City Fringe area, West Auckland as well as the Southern and Eastern corridor amongst others. This has resulted in a successful career which has resulted in a number of sales throughout the wider Auckland region and beyond. A selection of some recent results are included on this page, with other examples available upon request.

A significant portion of these successful transactions have been largely attributable to Mikes expertise and dedication in undertaking successful auction and tender campaigns for his vendors, with some outstanding results being achieved. A number of these campaigns have involved Mikes utilisation of Bayley’s renowned marketing disciplines including the nationwide Total Property portfolio, combined with running professional and disciplined sale campaigns for his vendors ensuring that no stone is left unturned in securing the best outcome.