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Business Scoop » Buyers Study Future Upside Of Hotel/apartment Complex For Sale In University District

Press Release – Bayleys Realty Group 11 Mount Street, Auckland Central. A 12-level hotel and apartment complex for sale in Aucklands central business district is expected to attract keen attention from add-value investors and developers. The property at 11 Mount Street, known as Scholar … 11 Mount Street, Auckland Central. A 12-level hotel and apartment complex for sale in Auckland’s central business district is expected to attract keen attention from add-value investors and developers. The property at 11 Mount Street, known as Scholar Hotel Apartments, sits within the city’s universities district and is a short walk from Queen Street, in an area highly sought-after by students and commercial property investors.

auckland scoop co nz » Buyers Study Future Upside Of Hotel/apartment Complex For Sale In University District

Press Release – Bayleys Realty Group 11 Mount Street, Auckland Central. A 12-level hotel and apartment complex for sale in Auckland’s central business district is expected to attract keen attention from add-value investors and developers. The property at 11 Mount Street, known as Scholar Hotel Apartments, sits within the city’s universities district and is a short walk from Queen Street, in an area highly sought-after by students and commercial property investors. A buyer is being sought for the entire building with more than 100 freehold strata units for sale in one line. The structure is currently undergoing a reclad, with an Auckland Council-approved remedial works plan underway to address moisture issues. It is expected to appeal to long-term investors and developers keen to capitalise on future upside from the strong demand for student accommodation and serviced apartments close to the CBD.

Community Scoop » Buyers Study Future Upside Of Hotel/apartment Complex For Sale In University District

Press Release – Bayleys Realty Group 11 Mount Street, Auckland Central. A 12-level hotel and apartment complex for sale in Aucklands central business district is expected to attract keen attention from add-value investors and developers. The property at 11 Mount Street, known as Scholar … 11 Mount Street, Auckland Central. A 12-level hotel and apartment complex for sale in Auckland’s central business district is expected to attract keen attention from add-value investors and developers. The property at 11 Mount Street, known as Scholar Hotel Apartments, sits within the city’s universities district and is a short walk from Queen Street, in an area highly sought-after by students and commercial property investors.

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