Landmark Investment Opportunity in the Heart of Parnell
Landmark Investment Opportunity in the Heart of Parnell
Landmark Investment Opportunity in the Heart of Parnell
About
About
About
Perched at the top of Parnell Rise, this exceptional mixed-use property presents a rare opportunity to secure one of Auckland’s most prominent and tightly held assets.
Comprising two titles across a 1,909sqm freehold corner site, 46 & 56 Parnell Road command a prestigious position with four street frontages and uninterrupted northerly views across Auckland’s CBD and harbour.
The four-level building at 56 Parnell Road offers 4,315sqm of premium office accommodation, underpinned by a strong tenant mix including Radius Care, My Food Bag, John Holland, and Hellers. Together, they generate an annual income of approximately $2.559 million + GST, supported by fixed rental growth across a number of leases. Secure parking for 88 vehicles further enhances the property’s desirability for occupiers.
At street level, Red Rabbit Café anchors the building as a vibrant on-site amenity, while the adjoining 46 Parnell Road, a character-filled heritage building - houses the well-known 46 & York Bar and Bistro, a local favourite that has long served as a social hub for the Parnell community.
The site’s elevated outlook, flexible configuration, and Business – Mixed Use zoning create exciting potential for future redevelopment or continued long-term income stability.
Located just moments from the CBD, this sought-after city-fringe position benefits from excellent transport links via SH1, SH16, bus and train routes, and is surrounded by a lively mix of restaurants, cafés, and boutique retail.
This is a rare opportunity to acquire a high-performing, design-led property in one of Auckland’s most prestigious commercial precincts.
For sale via Deadline Private Treaty, closing 4pm, Wednesday 19th November 2025 (unless sold prior).
Perched at the top of Parnell Rise, this exceptional mixed-use property presents a rare opportunity to secure one of Auckland’s most prominent and tightly held assets.
Comprising two titles across a 1,909sqm freehold corner site, 46 & 56 Parnell Road command a prestigious position with four street frontages and uninterrupted northerly views across Auckland’s CBD and harbour.
The four-level building at 56 Parnell Road offers 4,315sqm of premium office accommodation, underpinned by a strong tenant mix including Radius Care, My Food Bag, John Holland, and Hellers. Together, they generate an annual income of approximately $2.559 million + GST, supported by fixed rental growth across a number of leases. Secure parking for 88 vehicles further enhances the property’s desirability for occupiers.
At street level, Red Rabbit Café anchors the building as a vibrant on-site amenity, while the adjoining 46 Parnell Road, a character-filled heritage building - houses the well-known 46 & York Bar and Bistro, a local favourite that has long served as a social hub for the Parnell community.
The site’s elevated outlook, flexible configuration, and Business – Mixed Use zoning create exciting potential for future redevelopment or continued long-term income stability.
Located just moments from the CBD, this sought-after city-fringe position benefits from excellent transport links via SH1, SH16, bus and train routes, and is surrounded by a lively mix of restaurants, cafés, and boutique retail.
This is a rare opportunity to acquire a high-performing, design-led property in one of Auckland’s most prestigious commercial precincts.
For sale via Deadline Private Treaty, closing 4pm, Wednesday 19th November 2025 (unless sold prior).
Perched at the top of Parnell Rise, this exceptional mixed-use property presents a rare opportunity to secure one of Auckland’s most prominent and tightly held assets.
Comprising two titles across a 1,909sqm freehold corner site, 46 & 56 Parnell Road command a prestigious position with four street frontages and uninterrupted northerly views across Auckland’s CBD and harbour.
The four-level building at 56 Parnell Road offers 4,315sqm of premium office accommodation, underpinned by a strong tenant mix including Radius Care, My Food Bag, John Holland, and Hellers. Together, they generate an annual income of approximately $2.559 million + GST, supported by fixed rental growth across a number of leases. Secure parking for 88 vehicles further enhances the property’s desirability for occupiers.
At street level, Red Rabbit Café anchors the building as a vibrant on-site amenity, while the adjoining 46 Parnell Road, a character-filled heritage building - houses the well-known 46 & York Bar and Bistro, a local favourite that has long served as a social hub for the Parnell community.
The site’s elevated outlook, flexible configuration, and Business – Mixed Use zoning create exciting potential for future redevelopment or continued long-term income stability.
Located just moments from the CBD, this sought-after city-fringe position benefits from excellent transport links via SH1, SH16, bus and train routes, and is surrounded by a lively mix of restaurants, cafés, and boutique retail.
This is a rare opportunity to acquire a high-performing, design-led property in one of Auckland’s most prestigious commercial precincts.
For sale via Deadline Private Treaty, closing 4pm, Wednesday 19th November 2025 (unless sold prior).
Property Specs
Property Specs
Property Specs
SITE AREA:
1,909m²
NET LETTABLE AREA:
4,315m² (approx.)
NET INCOME:
$2,055,900pa + GST
ZONING:
Mixed Used Zone
CARPARKS:
8
SITE AREA:
1,909m²
NET LETTABLE AREA:
4,315m² (approx.)
NET INCOME:
$2,055,900pa + GST
ZONING:
Mixed Used Zone
CARPARKS:
8
SITE AREA:
1,909m²
NET LETTABLE AREA:
4,315m² (approx.)
NET INCOME:
$2,055,900pa + GST
ZONING:
Mixed Used Zone
CARPARKS:
8
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