Watch our Auctions Live!
Watch our Auctions Live!

Once-in-a-Generation Opportunity

44 Sarsfield Street

25

16

16

25

16

16


share

Once-in-a-Generation Opportunity


44 Sarsfield Street

Herne Bay, Auckland

Set Date of Sale (Unless Sold Prior) at 04.06.2025 at 4:00 PM

Premier Investment in Auckland's Most Prestigious Suburb

For the first time in half a century, this blue-chip investment enters the market, presenting an exceptional opportunity for family trusts, private investors, syndicates, and developers.

Built by the current owner in the early 1970s, 44 Sarsfield Street comprises 16 self-contained flats-7 one-bedroom and 9 two-bedroom units-several boasting harbour views. This solidly constructed property features concrete and concrete block construction, occupying a substantial 1,504sqm freehold site with a total floor area of 861sqm.

Strategically positioned on the elevated side of Sarsfield Street, between Curran Street and Hamilton Road, this premium location offers unparalleled convenience to Ponsonby, Viaduct Harbour, Auckland CBD, and some of the city's finest beaches.

Currently fully managed and generating a gross annual return of $384,400 in 2024 with projected income of approximately $399,880 in 2025, the property delivers robust income with future options.

This investment represents a blue-chip Herne Bay acquisition, offering: • Prime real estate in Auckland's premier suburb • Strong existing income stream • Irreplaceable land value • Multiple development options

Large investment blocks of this calibre rarely reach the market. Secure your foothold in Auckland's most coveted suburb-opportunities of this significance truly emerge just once in a generation.

Also available from the same vendor: 33 Curran Street, Herne Bay.

Property Details

Suburb stats

Property ID PBY30909

Category
House
Status
Current
Bedrooms
25
Bathrooms
16
OSP
16
Land
1504 m²

Inspection times

10 May 12:00PM - 12:30PM

14 May 12:00PM - 12:30PM


Local Schools

* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.

Primary
Intermediate
Secondary
Freemans Bay School - 1.0km away
Years 1-6
Co-ed
Wellington Street
09 360 1572


Ponsonby Intermediate - 2.1km away
Years 7-8
Co-ed
50 Clarence Street
09 376 0096


Auckland Girls' Grammar School - 1.3km away
Year 9-15
Girls
Howe Street
09 307 4180


Western Springs College - 4.4km away
Year 9-15
Co-ed
Motions Road
09 815 6730



Show on map

Make an Appointment

Send an enquiry about this property to the agent


Patrick McCarthy


Sales Director

Mobile: 027 233 3988

Mike Simpson


Licensee Salesperson

Mobile: 021 605 354


You May Also Like

Herne Bay, 9C Emmett Street

9C Emmett Street


2

1

Herne Bay, 44 Sarsfield Street

44 Sarsfield Street


25

16

16

Herne Bay, 27 Clifton Road

27 Clifton Road


4

3

4

Castor Bay, 95A Braemar Road

95A Braemar Road


6

3

6

Suburb Stats

Herne Bay


Median sale price in March 2025

$2,000,000

170% last month
22% same time as
last year

Monthly Trend

Total Sales in March 2025

25% last month
3 sales
50% same time as
last year

Monthly Sales