A rarely available mixed-use villa on Auckland’s city fringe is being offered for sale, combining character, adaptability, and strategic positioning for investors and owner-occupiers seeking assets aligned with the next phase of the commercial property cycle.
Bayleys Metro Markets’ director, James Were, together with colleague Ben Wallace, is marketing the freehold property at 7 Gundry Street for sale by auction, scheduled at 2:00 pm on Wednesday, 4th March 2026 (unless sold prior).
Were says the property is expected to attract a broad cross-section of buyers, reflecting market activity increasingly driven by a blend of quality, flexibility and location.
“City-fringe assets that can work across multiple cases are attracting attention,” Were says. “As both occupier sentiment and funding conditions have materially improved, educated buyers are focused on properties that offer both immediate use and longer-term flexibility.”
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Set on a 303sqm Business – City Centre zoned site, the villa provides approximately 126sqm of well-configured upper-level space, complemented by secure basement parking for two vehicles and storage.
Were says the vacant possession allows incoming purchasers to move quickly, whether seeking a distinctive owner-occupied base or a versatile investment proposition.
“Internally, the property balances separation and spatial flow. Two anterior rooms are accessed via a central corridor that opens through an open-plan area, connecting to the kitchen, bathroom and amenities including a laundry. From here, doors open onto a covered deck and landscaped courtyard – a private, green outlook rarely achieved in such a central location.”
“The outdoor connection is a real differentiator,” says Bayleys Office Leasing director, Ben Wallace. “It changes how the building can be used day-to-day and adds a level of amenity that supports staff wellbeing, client experience and long-term occupier appeal.”
The lower level provides secure garaging and two separate storage areas, while a side pathway offers direct external access to the courtyard, further enhancing functionality.
Located moments from the Uptown precinct and Karangahape Road, the property sits within walking distance of Ponsonby, the CBD and a new City Rail Link (CRL) station, while also benefiting from immediate access to State Highways 1 and 16.
“That connectivity places it firmly within an area undergoing steady regeneration, underpinned by infrastructure investment and improving market confidence.
“Across Auckland, occupiers are looking for efficient, well-located space that supports modern working patterns. Smaller, high-quality buildings are well aligned with that shift, particularly where public transport and amenity are close at hand.”
Wallace notes that the sale comes as broader commercial property fundamentals strengthen. “Bayleys’ national research indicates rising business sentiment, a constrained new-build pipeline, and a growing appetite for adaptable assets capable of meeting evolving occupier requirements.”
“In a market moving into selective growth, flexibility matters. This property at 7 Gundry Street allows buyers to deploy capital with clarity – whether as a long-term owner-occupier solution, a leased investment, or a hybrid approach that can evolve with the market.”
- Supplied by Bayleys
