Hit the suite spot in Grey Lynn
A vacant commercial premises on the ground floor of a popular Grey Lynn apartment building offers a chance for purchasers to leverage occupancy trends and a preference for properties that promote a work-life balance for tenants.
The strategically located office and showroom, spanning 138sq m of unittitled floor area at 54 Surrey Crescent, occupies a prime position within walking distance of key public transport links and Grey Lynn village.
Bayleys salesperson James Were says the property is offered to the market at a critical time for suburban offices as the divide between premium and secondary-grade accommodation widens.
“Occupiers continue to seek higher amenities as they look to attract staff back to the office environment following the work-from-home movement.
“Sustainability credentials are another important aspect for investors, and we can see that the flight-to-quality trend is resulting in historically low vacancies and significant rental growth across prime properties.
“The property occupies the ground floor of a popular apartment building by Ockham Residential, a leading developer in the urban regeneration space renowned for its use of shared common areas for residents.
“The Isaac was built in 2013 and features access to a large rooftop terrace and lounge area with raised grass lawns, plant beds, trees and outdoor furniture, gaining panoramic views from the Grey Lynn ridgeline to Auckland’s central city and the Hauraki Gulf.
“These features promote tenant well-being and create an attractive environment for both professional and client interactions.”
Were is marketing Unit G02 for sale by deadline with Bayleys colleague Jill Downie, closing 4pm, Tuesday April 16, unless sold prior.
The residential development — The Isaac — is centred around a private lane and features three buildings with red brick and contrasting concrete panelling.
Downie says Unit G02 faces north towards Surrey Crescent in The Isaac’s First Building, and gains an exceptional street profile for businesses seeking high exposure.