Colliers is proud to exclusively present an opportunity to acquire 79 car parks in the heart of Auckland’s CBD. Strategically positioned at 26 Durham Street, this is a rare bulk offering that provides both secure income and long-term rental upside.
Currently returning $502,917 net p.a + GST, underpinned by fixed annual rental increases, this asset represents an attractive passive investment with minimal capital expenditure requirements. Alternatively, the car parks can be sold with vacant possession, making them ideal for an occupier or local business seeking a significant parking solution in the mid-city precinct.
Located within walking distance to Queen Street, Aotea Square, SkyCity, and the future Te Waihorotiu CRL Station, the property benefits from unrivalled connectivity and strong ongoing demand for central city parking. With Auckland’s intensification driving long-term land value growth, this is a defensive, income-generating asset with significant future upside.
The carparks are For Sale by Deadline Private Treaty closing 4pm, Wednesday 29th October 2025 (unless sold prior).
For more information, contact the sole agents today.
Features:
- 79 available car parks across Ground Floor and Level 1
- $502,917 net p.a + GST (with 3% annual rental growth)
- Low maintenance, hands-off investment - no new parking buildings in Auckland Central
- Prime CBD location - only 100m to Queen Street, 350m to SkyCity & City Rail Link, 550m to Britomart
- Flexible occupation options - casual, long-term lease, or vacant possession
More information: https://www.colliers.co.nz/p-NZL67036354
