On offer as part of the Union Green development are three brand new freehold units in the heart of Auckland’s CBD.
With the option to buy one or all three, these affordable “entry level commercial / retail gems” are expected to appeal to a wide range of investors or owner-occupiers, who are seeking a strategic inner-city presence with value-added potential.
Union Green, 47A, 47B & 47C (Units 4R, 5R & 6R) Union St, Auckland Central are being marketed for sale by David Bernard and Agnes Teh of Barfoot & Thompson City Commercial. Sale will be by way of Deadline Private Treaty closing at 4.00pm, 26 May 2022, unless they are sold prior.
Bernard confirms that the offering comprises three separate Stratum in Freehold Unit titles (one with a secured carpark) on ground level, at the corner of Union St and Sam Wrigley Street.
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“The location of the site shows excellent street presence, and will be highly appealing for purchasers given the dynamic economic environment of the surrounding areas,” he says. “The CBD and Queen Street are just a few minutes’ away, as is Britomart and the Viaduct, vibrant Victoria Quarter and the upmarket commercial and residential hub that is Freemans Bay.
“This is an area that is seeing significant growth,” explains Bernard. “And it helps that the premises are also strategically positioned with favourable proximity to Auckland’s motorway network, the major arterial routes and a range of public transport options.”
The property benefits from being zoned Business - City Centre under the Auckland Unitary Plan, which supports high intensity development and permits wide-ranging activities including residential, commercial and retail.
Approximate floor area for each of the three units is: Unit 4R - 46sq m. Unit 5R - 25sq m. Unit 6R - 39sq m. The instruction of the Vendor is ‘must sell’.
“Available with vacant possession, and presented at an extremely affordable price point, this is an opportunity not to be missed,” Bernard concludes.
- Article supplied by Barfoot & Thompson
