A unique opportunity at the core of Auckland’s CBD has come onto the market for sale.
Level 7 of 155 Queen Street comprises around 705sqm of office space opposite the dynamic Shortland Street legal and financial precinct. However, the property has been granted a resource consent from the Auckland Council to convert the office space into six residential apartments.
Home to some of New Zealand’s most successful businesses, the district is surrounded by offices, apartments, banks, premium high street and shopping centre retail all close to SH1, bus, ferry, and train transport.
JLL Brokers Tommy Zhang and Craig Watson have been exclusively appointed to market the freehold Level 7 of 155 Queen Street for sale by Expressions of Interest closing 4 pm Thursday 8 April unless sold prior.
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In its current guise, the subject property comprises a full floor office premises located together with four covered and secure carparks. The floor boasts a rectangular floorplate and off-set lift core allowing for subdivision of the floor into smaller tenancies.
“This opportunity is truly unique as the current vendor has done all the hard work. Now, potential buyers can utilise the existing office fit-out or start afresh to pursue the apartment angle,” says Tommy Zhang.
“The body corporate committee has approved the conversion to residential space, which currently includes four two-bedroom apartments extending around 90sqm each, and two three-bedroom apartments of around 130sqm each.”
With Business – City Centre zoning, the property has been recognised as playing a pivotal role in Auckland’s present and future success, permitting a wide range of activities.
“Both the Commercial Bay Shopping Centre and the Britomart Transport Centre are located approximately 550 metres away, while the property is also in close proximity to all major motorway interchanges and an abundance of public transport options,” says Watson.
“Regardless of your intentions, this is a prime proposition for office or apartment opportunities in an area where opportunities are few and far between.”
Interested parties should contact the sole agents for more information.
