59-67 High Street, Auckland Central Freehold office tower positioned for the future

Available PropertyFiles:

  • Building Leases.zip
  • Floor Plans.zip
  • Photography.zip
  • /Asbestos Management Plan/
    • Southern Cross Building - Asbestos Management Plan 2024.pdf
  • /BWOF/
    • Southern Cross Building - Form 12 - BWoF - 2026_02_25.pdf
  • /OpEx Budget & Allocation/
    • 59 High Street OPEX allocation.xlsx
    • 59 High Street OPEX budget.pdf
  • /Seismic/
    • 220166 2022-04-13 IEP 59 High St Akld.pdf
  • /Tenancy Schedule/
    • Southern Cross Schedule 19022026.pdf

Property Description

Bayleys, in conjunction with Colliers, are pleased to exclusively present 59-67 High Street, Auckland CBD for sale by International Expressions of Interest closing 4pm, Wednesday the 3rd June 2026 (unless sold prior).

Positioned on the prominent corner of High Street and Victoria Street, The Southern Cross Building is a landmark 16-storey commercial tower in the heart of Auckland's CBD. The property provides approximately 7,721sqm of net lettable area across a mix of office and retail tenancies, underpinned by a diversified income profile and strong tenant demand from professional services occupiers.

Set on an 872sqm freehold site within the Business City Centre Zone, the asset benefits from significant frontage and high pedestrian exposure in one of the city's most tightly held precincts. As a result of these attributes, the property's office and retail areas have continued to demonstrate strong rental growth.

With a current net passing income of approximately $2.59 million per annum, the property presents a compelling investment opportunity with the obvious opportunity to increase the rental income. Its proximity to the upcoming CRL Te Waihorotiu Station is expected to drive increased connectivity, foot traffic, and long-term capital growth, further enhancing its appeal to both investors and occupiers.

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Ryan Johnson

Bayleys Real Estate Ltd

Licenced REAA 2008

+64 21 622 278   ryan.johnson@bayleys.co.nz   All Listings

As National Director Commercial at Bayleys Real Estate, it could be said that Ryan Johnson’s experience is second to none.

With over 25 years in real estate and funds management across New Zealand, Asia Pacific and the UK, Ryan heads Bayleys’ Commercial Real Estate business and Capital Market teams. This brings together New Zealand’s largest commercial agency with 240 brokers transacting over 2,400 deals worth in excess of $3.4 billion.

Through his local and offshore experience, Ryan has cemented relationships with investors, fund managers, government, local authorities, large corporate institutions, financial advisors, commercial trading banks and high net wealth individuals. These complement his more recent task of managing the Bayleys’ Knight Frank agency partnership.

In October 2018, Bayleys acquired Knight Frank New Zealand to provide clients with access to its global network. This conglomerate now provides global reach for local clients looking for offshore buyers or tenants, as well as assisting global investors to invest locally across a range of cities and sectors.

Ryan has brokered in excess of $2 billion of transactions, allowing him to confidently manage Bayleys’ extensive Commercial & Industrial division covering 15 offices nationwide.

A member of the Bayleys Executive team, Ryan’s combination of experience, market knowledge and both international and local reach is matchless. With an open and amiable approach, he is in a unique position to assist clients with getting the best outcome across a full service of commercial capability.


Contact Mike Bayley

Bayleys Real Estate Ltd

Licenced REAA 2008

+64 375 7475   +64 21 670 101   mike.bayley@bayleys.co.nz   All Listings

Mike is Managing Director for Bayley Corporation Limited and has ultimate responsibility for overseeing the operations of Bayleys Realty Group, Bayleys Property Services and Bayleys Real Estate Limited. The Bayleys Group is New Zealand’s largest, private full service property company concluding in excess of $11billion in transactions annually and employing over 2000 people operating out of 91 offices throughout New Zealand and the Pacific Islands.

Mike is a graduate of Auckland University, an associate of the Real Estate Institute of New Zealand and has in excess of 25 years experience in the property industry both within New Zealand and internationally.

Prior to taking on his current areas of responsibility Mike was General Manager for the real estate operations of the Bayleys Group responsible for overseeing the agency and transaction side of the business. Mike has also spent time working in the property sector offshore including positions managing Bayleys operations in Asia and Australia.

Mike’s agency background has been predominately in the Commercial and Industrial sector where he has worked alongside many of Australasia’s largest corporations as well as private individuals. Transactions are the key to our business and Mike, together with his fellow Directors and Senior Executives, are never far from the deal action and remain actively involved in dealing with Vendors and Purchasers on a daily basis.