A rare mixed-use freehold in the heart of Grey Lynn – ideal for investors, occupiers, or developers. This opportunity covers every angle with strong holding income, immediate flexibility, and long-term add-value potential.
Highlights:
- Well-presented office, warehouse, retail, showroom, and residential investment
- Returning approx. $284,000 p.a. + GST across four tenancies
- 965 sqm freehold landholding, zoned Business-Mixed Use (27m height allowance)
- 985 sqm total floor area across three buildings + 15 on-site car parks
- With an average rate of $245 per sqm across the property, the astute investor will see the property’s rental uplift potential.
- 328 sqm character tenancy available now – occupy or re-lease for uplift
- Located near Ponsonby and Grey Lynn’s retail & hospitality precincts
- Includes a well appointed two-bedroom apartment
Overview:
This freehold Grey Lynn investment offers excellent flexibility, multiple income streams, and future potential in equal measure. Currently returning around $284,000 p.a. + GST from four tenancies, the property is further enhanced by landlord-friendly termination provisions that provide genuine optionality for occupiers and redevelopers alike.
The property comprises 985 sqm of well-presented mixed-use accommodation across three buildings, offering a blend of office, warehouse, retail, showroom, and residential space. Immediate opportunity exists with a 328 sqm tenancy now available, creating potential for part-occupation or re-leasing upside.
Positioned on a 965 sqm Business – Mixed Use site with a 27m height allowance, 37 Crummer Road is underpinned by solid fundamentals and surrounded by the amenity-rich lifestyle hubs of Ponsonby and Grey Lynn. With scope for future rental uplift or full redevelopment, this is a rare opportunity to secure a freehold holding in one of Auckland’s most desirable city-fringe locations – and with available 328 sqm tenancy and on-site apartment, even the flexibility to create your own city-fringe bolt-hole with income.
For Sale by Deadline Date – 4:00pm, Thursday 11 December 2025 (unless sold prior).
