Colliers New Zealand has been exclusively appointed by Calibre Partners, the Receivers of Shundi Tamaki Village Limited (in receivership and administration) to offer for sale 263 Morrin Road, St Johns, Auckland via International Expressions of Interest closing Wednesday 1 July 2026 at 4.00pm.
Positioned prominently on Morrin Road, Building 730 (263 Morrin Road) represents the primary commercial asset within the wider holding and a compelling investment underpinned by both existing income and future leasing upside. The substantial four-level building provides approximately 10,115sqm of net lettable area on a 6,428sqm site and currently returns circa $1.29 million per annum, supported by a diverse mix of commercial and service-based tenants.
Originally developed for the University of Auckland and completed in 2004, 263 Morrin Road is constructed to a high institutional standard, featuring reinforced concrete construction, expansive floorplates, and generous common areas including large atrium-style lobbies, function spaces and integrated amenity. The scale and quality of these improvements position the asset well for continued commercial use, owner-occupation or repositioning over time.
Importantly, Building 730 presents clear value-add potential through active leasing and asset management, with a meaningful vacancy component and the flexibility to enhance income profile as the surrounding precinct evolves. With its strong profile to Morrin Road, established infrastructure and existing cashflow, the property offers a rare opportunity to secure a high-quality commercial investment with re-leasing upside within one of Auckland’s most significant urban regeneration corridors.
Key highlights:
- High-spec office comprising 10,115sqm of net lettable area
- Business - Mixed Use zoning supporting a range of development outcomes
- Repositioning upside available
- Close proximity to train and public transport
- Strong surrounding amenity and connectivity to CBD and SH1
- Land area of 6,428sqm
The property is offered for sale by International Expression of Interest closing 4pm, Wednesday 1st July 2026 (unless sold prior). Interested parties are encouraged to make contact for further information.
