Address Withheld, City Centre, Auckland City
Auckland Central PRIME CBD EDUCATION PRECINCT PORTFOLIO
Key Facts
Barfoot & Thompson Commercial are pleased to present the Symonds Street Portfolio - a rare, large-scale Freehold amalgamation occupying a commanding ridgeline position within Auckland’s education precinct.
Comprising five adjoining titles at 57, 67 & 69 Symonds Street, 7 City Road and 15–17 Liverpool Street, the portfolio represents a substantial 9,628m² landholding with 17,374m² of existing improvements and significant future development potential, for sale individually or together as one package.
Strategically positioned between The University of Auckland and Auckland University of Technology, the properties benefit from entrenched demand drivers generated by one of New Zealand’s largest tertiary education clusters. This location has historically demonstrated resilient, counter-cyclical occupancy performance underpinned by education, accommodation, and allied commercial uses.
Connectivity will be further enhanced by the imminent completion of the City Rail Link, with Karanga-a-Hape Station located approximately 350–500 metres from the portfolio. This transformative infrastructure investment is expected to materially strengthen pedestrian flow, accessibility, and long-term capital growth fundamentals across the precinct.
The portfolio currently generates substantial income with clear leasing upside, while Business - City Centre zoning (50 metre height) provides exceptional optionality for future redevelopment. Potential pathways include purpose-built student accommodation, build-to-rent, hotel, mixed-use intensification, or vertical expansion - all supported by a rare on-site parking allocation of 482 car parks in a CBD environment increasingly constrained by parking supply.
This is a genuine city-shaping opportunity - combining scale, income resilience, development flexibility, and long-term strategic land value in one of Auckland’s most tightly held growth corridors.
INVESTMENT HIGHLIGHTS:
• Five adjoining Freehold titles totalling 9,628m²
• 17,374m² NLA across four office buildings
• Net passing income - $5,444,982 per annum
• Fully leased income - $6,335,789 per annum
• 86% occupancy with immediate leasing upside
• Average rental circa $266/m²
• 482 on-site car parks
• Business - City Centre zoning with a general 50 metre height overlay
• Located within Auckland’s established education precinct
• 350-500 metres to Karanga-a-Hape CRL Station (City Rail Link)
• Flexible acquisition options – available in one line or individually
• Multiple redevelopment and intensification pathways
57, 67 & 69 Symonds Street, 7 City Road and 15-17 Liverpool Street are being offered for sale, individually or together, via an Expressions of Interest (EOI) campaign closing 4:00pm, Wednesday 8 April 2026 (unless sold prior).
View website here: symondsstreetportfolio.com