Buyers, tenants to vie for versatile Parnell property
Owner-occupiers, investors and potential tenants are set to vie for a versatile office/showroom up for sale or lease in Parnell.
The ground-floor unit sits within a wellpresented multi-unit commercial building on St Georges Bay Rd.
Previously home to a national tile supplier’s showroom, it is expected to attract keen interest among buyers or tenants seeking a presence in one of the liveliest commercial, retail and hospitality precincts on the edge of Auckland’s CBD.
Unit 3, 114 St Georges Bay Rd is being marketed for sale or lease by deadline private treaty closing on Thursday 16 June (unless sold or leased prior) through Bayleys Auckland Central.
Bayleys salesperson James Were said the property consisted of an approximately 234sq m freehold strata-titled unit with two onsite car parks.
“The property sits front-and-centre within a 14-unit character office and retail building, with great street-level exposure to St Georges Bay Rd.
“It offers attractive open-plan showroom/ office accommodation with a generous stud height of approximately 3.2m and full-height glazing at the street frontage. To the rear of the tenancy is a storage area and kitchenette.”
The two dedicated car parks are located immediately in front of the unit.
The property has a Grade A-plus Initial Evaluation Procedure seismic rating of 160 per cent of new building standard.
“Positioned to the southern side of the building’s main entrance, this tenancy represents a blank canvas and a rare opportunity for immediate occupation in this sought-after location,” said Were.
Bayleys salesperson Ben Wallace said the site’s Business–Mixed Use zoning under Auckland’s unitary plan supported a flexible range of possibilities worthy of such a versatile unit.
“As well as offices and retail, permitted activities in this zone span the likes of commercial services, healthcare, light manufacturing and storage.”
Wallace said a key attraction for buyers and occupiers was the unit’s position in the St Georges Bay Rd precinct.
“This area has built up an enviable reputation for its concentration of creative, design and art-related businesses, as well as the restaurants, bars and boutiques that typify Parnell more generally.
“Parnell is home to one of Auckland’s most affluent suburban catchments and is increasingly popular with larger corporate tenants keen to take advantage of its strategic city-fringe location and extensive amenities.
“St Georges Bay Rd is also well-connected transport-wise thanks to its easy access to Parnell train station and motorway on-ramps,” Wallace said.