Positioned on the northern side of Parnell, 2 Fox Street offers purchasers a well-presented, income-producing investment in one of Auckland’s most established city-fringe commercial precincts, while also presenting an excellent opportunity for future owner-occupiers looking to secure their own premises in a premium location.
Comprising approximately 88m² (more or less) of modern office accommodation, the ground floor unit includes two secure on-site car parks and prominent Fox Street exposure. Dual access from both the street frontage and rear car park enhances convenience and functionality.
The property is leased on strong fundamentals, returning approximately $38,280 p.a + GST + OPEX, with fixed annual rental adjustments providing built-in growth. The next right of renewal in August 2027, coupled with a market rent review, underpins income continuity while offering potential rental upside. This lease profile also makes the property well suited to small business owners seeking short-term holding income before moving into the premises at lease expiry or renewal-ideal for those planning ahead or looking to downsize into a more efficient commercial space.
Internally, the premises feature an open reception area, three glass-partitioned offices, a staff lounge with kitchenette, bathroom facilities, and a separate storage room. The versatile layout accommodates a wide range of professional, consulting, medical, or boutique retail uses, supporting the ongoing success of the current tenant and reinforcing the property’s long-term appeal for both investors and future occupiers.
Parnell is one of Auckland’s most sought-after city-fringe suburbs, with excellent access to the CBD, major transport routes, and a thriving mix of cafés, restaurants, and boutique retailers. With ongoing commercial and residential development, the area remains a prime location for businesses seeking a well-connected and iconic precinct.
A low-maintenance investment offering secure income, structured rental growth, and an enduring location, with the added benefit of future occupier potential for those wanting their own commercial base in Parnell.
Secure your next investment – or your future premises – today. Contact the agents below to find out more:
Nikko Boxall +64 27 301 8596
Sam Hyde-Smith +64 27 476 5882
Features:
* 88m² modern ground-floor office with dual access.
* Two secure on-site car parks.
* Strong income: $38,280 p.a + GST + OPEX.
* Secure lease with renewal in 2027 and market review.
* Quality fit-out: reception, 3 offices, kitchenette, bathroom, storage.
* Prime Parnell location near CBD and transport.
