48 Enterprise Street, Birkenhead Versatile building - office, medical, church

Available PropertyFiles:

  • /A. Record of Title and Interests/
    • Enterprise Street 48 - NA1396_27_Title.pdf
    • Enterprise Street 48 - NA45B_1230_Title.pdf
    • Instrument 591081.pdf
    • Instrument 898976_3.pdf
    • Instrument B504080_2.pdf
  • /C. Lease Documents/
    • Idea Services - Lease renewal cancellation.msg
    • Idea Services Grd Floor Completed Deed of Renewal Oct 24.pdf
    • Sonasafe Suite 4 L2 Completed Deed of Lease 2025.pdf
    • TopQuality Suite 1 Completed Deed of Renewal 2025.pdf
  • /D. Other Reports/
    • ISA Report - 48 Enterprise Street.pdf
  • /E. Auckland Council files/
    • 48 Enterprise Street - Auckland Council Documents.zip
  • /F. LIM Report/
    • Enterprise Street 48 - LIM.pdf

Property Description

• Add-value investors seeking leasing and repositioning upside
• Owner-occupiers able to occupy space while retaining holding income
• Suitable for medical, church, community, or office use
• Flexible multi-tenanted configuration with ample on-site parking
• 100% NBS earthquake rating

48 Enterprise Street presents a rare opportunity to acquire a three-level office building in the heart of Birkenhead, positioned at the end of a quiet cul-de-sac on Enterprise Street on the fringe of Highbury Shopping Centre. Located within one of the North Shore's established commercial precincts, the property benefits from convenient access to local amenities, public transport, and efficient connectivity to both the wider North Shore and Auckland CBD.

Across two titles, the property occupies a 1,015sqm freehold site and comprises a total building area of approximately 1,168sqm over three levels, including basement parking. Constructed in the 1980s as a dedicated office facility, the improvements provide flexible, multi-tenanted accommodation suited to medical, office, church, or community occupiers. The building is currently subdivided into seven office suites, with a mix of partially tenanted and vacant areas, creating immediate flexibility for owner-occupiers and add-value investors. The ground floor is configured as a large single tenancy, while the upper level is split into multiple office suites. Basement parking provides 23 covered and 23 uncovered car parks, supporting strong occupier appeal. The building benefits from a 100% NBS earthquake rating, offering confidence for both investors and occupiers.

The property currently returns a total holding income of $198,896.70 per annum plus GST, with existing vacancies presenting a clear opportunity to enhance income through active leasing, refurbishment, or reconfiguration. Strategically located just minutes from Highbury Shopping Centre, the property enjoys easy access to cafés, retail amenities, and public transport. Birkenhead provides excellent connectivity to the Auckland CBD via the Harbour Bridge and Ferry Terminal, as well as convenient links to Takapuna, Northcote, and the wider North Shore arterial network.

With secure holding income, existing vacancy, and significant flexibility for occupation or repositioning, this property represents a compelling opportunity to secure a foothold in a tightly held North Shore location.

The property is situated in a Light Industrial zoning and some potential uses may be subject to Resource Consent.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Michael Nees

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0963   +64 21 182 3085   michael.nees@bayleys.co.nz   All Listings

Michael is a Senior Broker at Bayleys Commercial on the North Shore. Specialising in Investment Sales, Michael has concluded in excess of $200 million of transactions of this nature and has been a top 5 Broker at Bayleys North Shore for the last 3 years.

Recognised as one of the leading Investment Sales Brokers across all agencies on the North Shore, Michael has amassed numerous accolades in his career including membership to a distinguished national group of brokers under the age of 35 to achieve specific key performance indicators.

This blend of experience and results combined with a youthful passion and enthusiasm for his work has produced an impressive track record of record prices/yields and a reputation for being able to conclude some of the most challenging transactions in the market in recent memory.

Michaels philosophy is simple, to add value to his clients transactions by any ethical means necessary. Armed with a Degree in Property Valuation and Management and a determined and tenacious nature this often involves going beyond the “extra mile” to achieve the best outcome for his valued clients.

Michael has a proud North Shore heritage being a Rangitoto College and Massey University alumni and is passionate about the future of the region.