Positioned in the heart of Ponsonby at 12-14 Fitzroy Street, this is a rare opportunity to secure a high-quality commercial asset in one of Auckland's most tightly held and desirable city-fringe locations.
Set on a 245sqm freehold site, the property offers approximately 180sqm of well-configured office space, currently leased and delivering annual rental income exceeding $100,000. The property has a proven track record of consistent and stable rental returns, providing investors with reliable cash flow and long-term holding confidence.
Importantly, the property is freehold with no body corporate fees, ensuring lower ongoing costs and full ownership control-an increasingly valuable advantage in today's market.
Zoned Business - Mixed Use, the site offers significant future development potential, including the possibility for apartment or mixed-use redevelopment (subject to council approval)-adding substantial upside beyond the existing income stream.
A standout feature is the abundance of parking at the front of the property, a rare and highly desirable benefit in Ponsonby, greatly enhancing tenant appeal and retention.
Located just moments from the vibrant Ponsonby Road, the property is surrounded by premium retail, cafés, and lifestyle amenities, supporting strong tenant demand and ongoing occupancy.
Key Features:
- 245sqm freehold land (no body corporate fees)
- Approx. 180sqm commercial floor area
- Stable, long-term rental income over $100,000 p.a.
- Proven history of consistent tenancy and returns
- Business - Mixed Use zoning (future development potential)
- Suitable for apartment or mixed-use redevelopment (subject to council approval)
- Prime Ponsonby location
- Valuable front parking (rare in this area)
- High-demand, tightly held commercial precinct
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This is a unique opportunity to secure a blue-chip Ponsonby investment offering both immediate stable income and long-term development upside.
Enquire today for further information.
