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News Release

Auckland

Prime Ponsonby landmark for lease


 

 

East Tamaki gem with new five-year lease/new-zealand/en-gb/news/863/east-tamaki-gem-with-new-five-year-leaseAucklandEast Tamaki gem with new five-year lease
Rare vacant land in Grey Lynn for sale/new-zealand/en-gb/news/861/rare-vacant-land-in-grey-lynn-for-saleAucklandRare vacant land in Grey Lynn for sale

​​The century old Post Office Building and historic stand-out that dominates the Three Lamps corner site at 1-3 St Mary’s Road, Ponsonby is being offered for lease by commercial real estate firm, JLL.

Anthony Barton, Retail Sales and Leasing specialist for JLL says, “This corner site is perfectly set-up for hospitality use and presents an excellent opportunity for a food and beverage operator that wants to take advantage of the current strong performance of New Zealand’s hospitality sector and the building’s prime position”. Statistics New Zealand confirm that retail sales in the food and beverage sector have increased by 4.5% from March to June 2014 and this is supported by a 5% increase in accommodation spend over the same period.

Barton continues, “The improvements to the economy have encouraged consumer confidence and as a result we are seeing hot spots such as Ponsonby reap these growth benefits. Café, bar and restaurant sales are experiencing strong overall progression and the number of these food and beverage outlets are also increasing as a result of greater consumer spend.”

The building’s prime position and elevated site at the intersection of Ponsonby Road, Jervois Road, College Hill and St Mary’s Road attributes also to its high occupancy rating. Designed in New Zealand’s Edwardian era by architect John Campbell and built in 1912, this period was also the stage Auckland Chief Post Office, Old Town Hall and Ferry Building were built, making it of considerable architectural significance.  The 100-year old building is also infamous for the murder of the Ponsonby Postmaster in 1920, drawing international attention for being the first in the British Empire, and quite possibly the world, that the prosecution sought a conviction for a capital crime based almost entirely on fingerprint evidence.

After an extensive refurbishment and structural upgrade, the building now holds 100 per cent New Building Standard.  As well as the ground floor space of 250.67 sqm, there is a 76.6 sqm courtyard, 25.96 of office space 13.83 sqm of basement storage. 

Barton concludes, “The opportunity to lease space in such a prime Ponsonby location is one not to be missed. Ponsonby is experiencing new resurgence as a nightlife destination and operations such as The Cav, Little Easy, Farina, and Michael Van de Elzen’s Boy and Bird restaurant all contribute towards making Ponsonby a destination with numerous, high quality options. Residents of the affluent suburbs of Ponsonby, Freemans Bay and Herne Bay needn’t travel far to enjoy the best Auckland has to offer.”