As momentum builds after a subdued period for new construction projects, the sale of a high-profile mixed-use site on one of Auckland’s key transport corridors offers developers and investors an opportunity to get ahead of the curve, securing a strategic foothold amid a tightening supply pipeline for apartments and commercial space, Bayleys brokers say.

Bayleys Auckland Metro director James Were is marketing the combined freehold landholding of 1,002sqm (more or less) at 252-258 Great North Road for sale by tender, closing at 4:00 pm on Tuesday, 20th May 2025 (unless sold prior), alongside colleague Carol Cong.

The vacant, dual-titled property features approximately 338sqm of existing improvements, including showroom areas converted from low-stud warehousing, several office spaces and storage.

“With prior consent for a mixed-use development of 37 apartments and ground-floor commercial space capitalising on nearly 30 metres of frontage to Great North Road, the site’s Business – Mixed Use zoning under the Auckland Unitary Plan permits intensive residential and commercial development.

“This makes it a compelling proposition for residential developers or businesses seeking scale flexibility and high visibility in a growth precinct,” Were says.

Strategically located on Great North Road – the key route linking the city centre with Auckland’s western suburbs – the property sits in a dynamic growth zone experiencing a steady transformation into a high-density residential and commercial precinct.

“The western corridor has seen a significant transition in recent years as ageing industrial assets give way to several high-end apartment developments, major trade retail hubs, and prestige automotive workshops.

“Enhanced transport infrastructure – including motorway connectivity and the soon-to-open Karanga-a-Hape City Rail Link station, which will deliver faster rail access into the CBD – reinforces Grey Lynn’s appeal as a key growth area along the ridgeline.

“Major players like Bunnings, Fisher & Paykel, the Giltrap Group, and boutique hotel The Covenant have already established a strong presence, underlining the area’s evolution into a vibrant mixed-use precinct.

“Dynamic commercial activity is supported by several new residential developments, including The North, Crest, and a planned complex by leading developer Ockham Residential less than 400 metres from the subject property.”

Were says that being located within walking distance to Ponsonby, Karangahape Road, and key public transport routes, the address appeals equally to professionals, creatives, and established businesses looking to capitalise on amenity and connectivity.

“Our seller’s instructions are clear – this property must be sold. Sites like this, with vacant possession, proven development credentials, and a strategic location, are increasingly hard to come by. So, whether adding-value, redeveloping, or occupying themselves, we expect buyers will find long-term value in a location that is only gaining momentum.”