A standalone character office/showroom opposite Victoria Park Market offers owner-occupiers and investors a versatile and well-connected base in one of the central city’s most amenity-rich mixed-use precincts, Bayleys brokers say.

Bayleys Auckland Metro team’s Damien Bullick, Alan Haydock, and Matt Gordon are marketing the 202sqm freehold property at 18 Drake Street for sale or lease by tender, closing at 4pm on Tuesday 7th October 2025 (unless sold prior).

Built in the 1930s and comprehensively upgraded in 2025, the single-level warehouse provides approximately 155sqm of adaptable floorspace.

The building retains a distinctive brick façade, reflective of the area’s industrial heritage, while benefitting from seismic strengthening, modern services and a refreshed interior.

Bullick says the fitout blends character and functionality, lending it to immediate use by a wide range of occupiers.

“Exposed brick walls, polished concrete floors, gabled ceilings, and generous natural light create an environment with genuine personality. Combined with an open-plan layout, the space is highly flexible, whether as an office, showroom, or creative studio.

“Vacant possession enables a new owner to take immediate occupation or to secure tenants in a leasing market where demand for quality character space remains strong.”

Positioned metres from Victoria Park and the waterfront precinct, Bullick says the area has matured into a dynamic mixed-use location, attracting both nationally recognised corporate firms and innovative boutique operators.

“Nearby developments, including Mansons AA Insurance headquarters and Location Group’s Grace Apartments, underscore the area's momentum as one of Auckland’s most desirable commercial and residential catchments.”

Bayleys Auckland Metro Commercial Leasing broker Matt Gordon notes that occupiers are prioritising ‘commute-worthy’ workplaces, recognising their role in attracting and retaining talent.

“Businesses are placing greater emphasis on value, seeking spaces that manage costs while still enhancing culture, collaboration and staff engagement. The subject property delivers on those priorities, offering an adaptable layout in a highly connected location without costs associated with premium-grade office towers.

“With motorway access, public transport, and extensive amenities on the doorstep, from gyms to supermarkets and Ponsonby Road, the property is suitable for a broad spectrum of occupiers. At the same time, its character features provide authenticity and the differentiation that many businesses are seeking to engage staff and clients.”

Zoned Business - City Centre, the property benefits from Auckland’s most flexible planning framework, while supporting a wide range of commercial uses with long-term development potential.

Bullick says this underpins the asset’s appeal for both owner-occupiers and investors.

“Character buildings of this size and position are in finite supply on the CBD fringe. The combination of modern upgrades, vacant possession, and permissive zoning positions the subject property as a compelling proposition - equally suitable for an occupier looking for headquarters or an investor seeking an adaptable, income-generating holding.”