With confidence returning, investor sentiment is once again driving momentum in Auckland’s commercial market.
That’s the tone set by Barfoot & Thompson’s August 2025 edition of Insite, which features a curated selection of opportunities across the region - from development-ready land and active retail centres to prime-positioned tenanted investments.
According to John Urlich, Commercial Manager at Barfoot & Thompson, the sector is showing “encouraging signs of improvement” following a challenging 2024.
“We believe improving sentiment will lead to firmer yields and stronger demand,” he says, noting that the recent drop in the Official Cash Rate, stabilising retail demand and rising capital market activity are all contributing to a renewed sense of momentum.
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A total of 44 properties are showcased in Barfoot & Thompson’s August 2025 edition of Insite, including one up for auction, one for tender and 10 for sale by deadline private treaty.
Among the strongest offerings this quarter is a substantial landholding within the emerging Milldale Town Centre - one of Auckland’s most ambitious new developments, and a civic heart in the making.
Lots 2, 3 and 4 are available either individually or in combination, and represent a total of 16,145m² of serviced, freehold land zoned Business - Local Centre (H11) under the Auckland Unitary Plan, allowing development up to 13 metres in height.
“This is a master-planned opportunity, right in the middle of a new residential catchment that’s projected to grow beyond 18,000 residents,” says Barfoot & Thompson Commercial Broker Nick Brown, who is marketing the site alongside colleagues Max Andrews and Paul Halliday.
“You’ve got the zoning, the location and the supporting infrastructure all in place - so it’s ready for someone to step in and take it to the next phase.”
The three lots are strategically positioned to support a wide mix of retail, hospitality, healthcare and residential activity.
Lot 2 holds the prime corner with direct exposure to the main arterial intersection, making it well suited to high-visibility hospitality, large-format retail, or a destination health and wellness offering.
Lot 3 connects to the southern residential precinct and sits close to the Summerset Milldale Retirement Village - giving it natural appeal for medical providers, childcare, or service-based retail.
Lot 4 is tucked between green space and housing, with potential to deliver a mixed-use scheme featuring apartments or townhouses above commercial premises.
“The real benefit here is how these sites link up with what’s already planned, while still giving the purchaser room to create something unique,” says Brown. “There’s a design review process in place, but it’s supportive and developer-friendly. The council and wider stakeholders want to see this precinct succeed.”
Just five minutes from the Silverdale Motorway Interchange, the Milldale Town Centre is already seeing signs of acceleration. A new primary school and sports hub are in the works, and the neighbouring 300-hectare suburb is developing at pace, with more than 3,000 homes already consented or under construction.
“With scale, vision and the hard work already done, this is a genuine town centre opportunity in every sense,” concludes Brown.
Lots 2, 3 and 4 at Milldale Town Centre are offered for sale by Expressions of Interest, closing 4pm Wednesday 10 September 2025 (unless sold prior).
In contrast to the expansive scale of Milldale, another listing featured in this edition is more compact - but no less compelling.
38–42 Clyde Road sits on a prime corner in the heart of Browns Bay, just seconds from the beach and directly adjacent to the New World supermarket.
Fully leased across eight tenancies, including national brands ASB Bank and The Coffee Club, the property delivers both profile and performance in one of the North Shore’s most established coastal centres.
The 1,487m² freehold site offers approximately 1,092m² of net lettable area, with 12 on-site car parks, a wide dual street frontage, and rear loading access. Zoned Business - Town Centre under the Auckland Unitary Plan, the site supports future intensification up to 18 metres, with flexibility for high-quality mixed-use redevelopment in line with council planning.
“This is a true high-street asset in a premium location,” says Paul Halliday, who is marketing the property alongside colleague Max Andrews. “The income is strong, the zoning is favourable - and there’s plenty of long-term potential.”
Currently returning $432,345 + GST p.a., the property attracts steady foot traffic from both locals and weekend visitors. The suburb’s growing catchment, high average household income, and well-developed infrastructure continue to underpin demand for commercial space - making assets like this increasingly hard to secure.
38–42 Clyde Road, Browns Bay is being offered for sale by deadline, closing 4pm Thursday 4 September 2025 (unless sold prior).
- Supplied by Barfoot & Thompson
