Takapuna's defining occupier/add value opportunity
• Approximately 5,077.55sqm building with circa 95% vacant/becoming vacant
• Four substantial floor plates of approximately 1,200sqm, centered around a lift and services core
• Full secure basement providing 55 on site car parks
• Flexible Metropolitan Centre zoning suited to office, medical, accommodation, education and alternative uses
Occupying a prominent 1,934sqm freehold site in the heart of Takapuna, 12-14 Northcroft Street represents one of the most significant owner occupier and repositioning opportunities to be offered in central Takapuna in recent years.
The predominantly vacant four level building provides approximately 5,077.55sqm of floor area, configured across four substantial floor plates of circa 1,200sqm. A central lift and services core provides flexibility to occupy the building in its entirety or investigate dividing the floors into smaller tenancies. Combined with full basement parking for 55 vehicles, the property presents a compelling platform for corporate occupiers, medical and healthcare providers, education operators, or purchasers considering an alternative use, subject to any necessary approvals.
For add value investors, the scale of the vacancy provides the ability to undertake a comprehensive refurbishment and reposition the building for the next cycle of tenant demand. This opportunity arrives as Takapuna continues to benefit from significant public and private investment, including the completed Hurstmere Road transformation, Waiwharariki Anzac Square and Willis Bond's planned mixed use development surrounding the square.
With substantial vacant possession, flexible floor plates and a highly strategic central location, 12-14 Northcroft Street is positioned as one of central Takapuna's standout add value acquisitions of 2026.
• Four substantial floor plates of approximately 1,200sqm, centered around a lift and services core
• Full secure basement providing 55 on site car parks
• Flexible Metropolitan Centre zoning suited to office, medical, accommodation, education and alternative uses
Occupying a prominent 1,934sqm freehold site in the heart of Takapuna, 12-14 Northcroft Street represents one of the most significant owner occupier and repositioning opportunities to be offered in central Takapuna in recent years.
The predominantly vacant four level building provides approximately 5,077.55sqm of floor area, configured across four substantial floor plates of circa 1,200sqm. A central lift and services core provides flexibility to occupy the building in its entirety or investigate dividing the floors into smaller tenancies. Combined with full basement parking for 55 vehicles, the property presents a compelling platform for corporate occupiers, medical and healthcare providers, education operators, or purchasers considering an alternative use, subject to any necessary approvals.
For add value investors, the scale of the vacancy provides the ability to undertake a comprehensive refurbishment and reposition the building for the next cycle of tenant demand. This opportunity arrives as Takapuna continues to benefit from significant public and private investment, including the completed Hurstmere Road transformation, Waiwharariki Anzac Square and Willis Bond's planned mixed use development surrounding the square.
With substantial vacant possession, flexible floor plates and a highly strategic central location, 12-14 Northcroft Street is positioned as one of central Takapuna's standout add value acquisitions of 2026.
Key features
Floor area details
Four substantial floor plates of approximately 1,200sqm, centered around a lift and services core
Parking
Full secure basement providing 55 on site car parks
Zoning
Flexible Metropolitan Centre zoning suited to office, medical, accommodation, education and alternative uses
Opportunity
Approximately 5,084sqm building with circa 95% vacant/becoming vacant
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.