An exceptional opportunity to secure a three-storey Freehold (Fee Simple) property in one of Auckland’s most desirable city-fringe locations, just minutes from the new City Rail Link (CRL).
This versatile property features a fully licensed and operational Italian restaurant (including a liquor licence) on the ground floor, with bathroom and storage at the basement level, and charming terrace seating at the rear. A one-bedroom, one-bathroom flat occupies the top floor, boasting high ceilings, excellent natural light, and a separate entrance. One on-site carport is included.
The building has undergone comprehensive refurbishment, including a new bathroom, kitchen, exterior repaint, new shopfront (2021), and a brand-new roof (2024). Constructed of solid brick, the property sits within top Auckland school zones and is within walking distance to AUT and The University of Auckland. A bus stop is right next door, with rare free street parking directly in front, a true rarity in this sought-after location.
Ideally positioned opposite the renowned fine dining restaurant, The French Café, and surrounded by a vibrant mix of retail and hospitality businesses, this property offers prime street exposure and signage opportunities on Symonds Street.
The residential flat has been rented at $485 per week (including water) for the last four years, but under a flexible arrangement, while the restaurant has been successfully operated by the current owner for over a decade. The business will be transferred free to the purchaser, offering instant rental potential, seamless re-leasing options, or the flexibility to establish a new hospitality concept.
KEY FEATURES:
• Three-storey Freehold (Fee Simple) property of solid brick construction
• Recent refurbishment
• Fully consented mixed-use for excellent live/work flexibility
• One carport
• Top school zones, walking distance to AUT and The University of Auckland
• 30% seismic rating
• Ample free street parking right in front and the new CRL around the corner
• Prominent street frontage with strong signage and exposure
• Directly opposite the renowned fine dining restaurant, The French Café, and surrounded by high-performing hospitality and retail operators
• Fully licensed and operational restaurant business with commercial kitchen and extraction – free business comes with property sale!
This is a rare chance to own a flexible, income-generating Freehold property with strong future upside in a prime city-fringe position. Motivated vendor relocating overseas – act quickly to secure this outstanding opportunity.
Contact the listing agent for full details or to arrange your private viewing.
See this listing on Barfoot & Thompson
