Parnell trophy corner site
• 986sqm (more or less) freehold corner site - three street frontages
• Two buildings returning approximately $394,526pa + GST
• Value-add opportunity - diversified income with scope to enhance rental returns
• Future redevelopment potential - Business Local Centre zoning in the heart of Parnell Village
Prominently positioned opposite Heard Park, this strategic corner holding occupies a prime position in the heart of Parnell Village. The two buildings provide diversified rental income, with scope to unlock further value through rental growth, refurbishment, or future redevelopment.
Within walking distance of Parnell Train Station and moments from the CBD, the property benefits from a highly desirable city-fringe location and the long-term potential of its Business - Town Centre Zoning.
Trophy corner holdings of this calibre are exceptionally rare, presenting a significant opportunity to secure a landmark position in one of Auckland's most tightly held commercial precincts.
Offered for sale by International Tender, individually or together.
• Two buildings returning approximately $394,526pa + GST
• Value-add opportunity - diversified income with scope to enhance rental returns
• Future redevelopment potential - Business Local Centre zoning in the heart of Parnell Village
Prominently positioned opposite Heard Park, this strategic corner holding occupies a prime position in the heart of Parnell Village. The two buildings provide diversified rental income, with scope to unlock further value through rental growth, refurbishment, or future redevelopment.
Within walking distance of Parnell Train Station and moments from the CBD, the property benefits from a highly desirable city-fringe location and the long-term potential of its Business - Town Centre Zoning.
Trophy corner holdings of this calibre are exceptionally rare, presenting a significant opportunity to secure a landmark position in one of Auckland's most tightly held commercial precincts.
Offered for sale by International Tender, individually or together.
Key features
Land area breakdown
986sqm (more or less) freehold corner site - three street frontages
Lease
Two buildings returning approximately $394,526pa + GST
Zoning
Business Local Centre
Location
Prominently positioned opposite Heard Park, this strategic corner holding occupies a prime position in the heart of Parnell Village
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.


