Deadline sale: Closes on Tuesday 31 March 2026 at 2:00PM (unless sold prior)
17 Galatos Street represents a rare, vacant possession, character opportunity for investors or occupiers targeting Auckland's urban intensification. This iconic standalone structure offers a versatile blank canvas for hospitality visionaries, creative converters, or strategic developers.
Positioned in the western CBD just off the historic Karangahape Road ridge, the property is within a short stroll of the nearing completion Karanga-a-Hape Station, which is forecast to handle up to 40,000 daily commuters. This CRL location offers unparalleled accessibility to the education precinct, Ponsonby, and the upper CBD, ensuring the area remains a primary choice for high-density development and commercial activity.
The versatile 578m² building is divided into three spaces across the three levels, each with bathrooms. Features include a stunning 5.9 metre high-stud ground floor with original native timber floors, a character loft space, and a functional basement bar area with separate access. The investment is underpinned by a 350m² Fee Simple landholding. The flexible Business - City Centre zoning ensures significant future-proofing with a development height potential of 31 to 36 metres.
Available with vacant possession (and optional business assets), this high-profile site offers a versatile layout and an atmospheric vibe. It’s a turnkey flagship for owner-occupiers, a prime candidate for repositioning, or a future redevelopment play given the nearing rail network expansion. Positioned in the heart of Auckland’s premier cultural district, it’s ready-made to ride the wave of local growth.
See this listing on Barfoot & Thompson
