59-67 High Street, Auckland Central, Auckland

Freehold office tower positioned for the future

Bayleys, in conjunction with Colliers, are pleased to exclusively present 59-67 High Street, Auckland CBD for sale by International Expressions of Interest closing 4pm, Wednesday the 27th of May 2026 (unless sold prior).

Positioned on the prominent corner of High Street and Victoria Street, The Southern Cross Building is a landmark 16-storey commercial tower in the heart of Auckland's CBD. The property provides approximately 7,721sqm of net lettable area across a mix of office and retail tenancies, underpinned by a diversified income profile and strong tenant demand from professional services occupiers.

Set on an 872sqm freehold site within the Business - City Centre Zone, the asset benefits from significant frontage and high pedestrian exposure in one of the city's most tightly held precincts. As a result of these attributes, the property's office and retail areas have continued to demonstrate strong rental growth.

With a current net passing income of approximately $2.59 million per annum, the property presents a compelling investment opportunity with the obvious opportunity to increase the rental income. Its proximity to the upcoming CRL Te Waihorotiu Station is expected to drive increased connectivity, foot traffic, and long-term capital growth, further enhancing its appeal to both investors and occupiers.