Colliers is proud to exclusively present a rare opportunity to acquire a landmark Auckland property in the heart of Parnell – 46 & 56 Parnell Road.
Positioned atop Parnell Rise in one of Auckland’s most prestigious suburbs, 56 Parnell Road is a four level, 4,315 sqm commercial masterpiece. The building takes a front row position with stunning uninterrupted and protected northerly views overlooking Auckland’s CBD.
The property is fully leased to a diverse mix of long-standing tenants including Radius Care, My Food Bag, John Holland, and Hellers. With a total annual income of approximately $2.559 million + GST, and fixed annual rental growth across many leases, the asset demonstrates strong and stable cash flow. The inclusion of 88 secure basement car parks further enhances its appeal to premium tenants.
Coffee is served on site by local favourite Red Rabbit Café, and situated on the corner of York Street, 46 Parnell Road is a character-filled heritage building that houses the iconic 46 & York Bar and Bistro. This well-established hospitality venue has long served as a vibrant social hub for the Parnell and wider Auckland community.
The property occupies a commanding 1,909sqm freehold corner position with four street frontages and a Business - Mixed Use zoning.
With its elevated outlook, flexible building configuration, and flexible zoning, the site offers exciting potential for future redevelopment.
Within walking distance of Auckland’s CBD, Parnell is one of the city’s most desirable fringe locations, offering excellent transport connectivity via bus, train, and major arterials (SH1 & SH16). The area also features a vibrant mix of local cafés, restaurants, and bars.
This is a rare chance to secure a high-performing, tightly held asset in one of Auckland’s most desirable and prestigious fringe locations.
For sale via Deadline Private Treaty, closing 4pm, Wednesday 19th November 2025 (unless sold prior).
Features:
- 4,315 sqm of premium modern office accommodation
- 1,909 sqm freehold ‘Mixed Use’ zoned corner site with four street frontages
- Iconic 46&York Bar & Red Rabbit café on-site
- Fully leased generating $2.559m + GST p.a, (approx) with built-in annual rental growth
- 88 secure covered car parks with abundant street parking
- Long-term future development & conversion potential
- Prominent elevated corner position - stunning protected uninterrupted views
- Strong tenant covenants incl. Radius Healthcare, My Food Bag, Hellers, John Holland
More information: https://www.colliers.co.nz/p-NZL67036832
