City Realty, who are members of Ray White with offices in Auckland City, Wynyard Quarter, Newmarket and Sandringham, have recently relocated their premises in Parnell to a high profile location that is almost three times the size of the previous Ray White office in Parnell.
Phil Horrobin, Director of City Realty, said that the new location has been welcomed by the expanding Ray White Parnell team. “The move has given us not only a new premises but also the opportunity to acquire and merge an existing business that will add strength to our already strong market share in the region. Parnell is a diversified marketplace with a mix of unique housing options for owner-occupiers and investors.” He also commented that rental opportunities in the area remain strong given that Parnell is one of the best locations to live in Auckland.
Graeme Fraser, Head of Agency for Ray White New Zealand, complimented the City Realty Group on their continued growth with Ray White. He said the dynamics of the business, with a strong footprint right through the city and city fringe, has enabled this expansion and acquisition to occur.
The location on 272 Parnell Road is great for customers and clients and also prospective landlords and tenants. The Parnell office also has financial services available through Loan Market.
For more information on Ray White Parnell please see their website rwparnell.co.nz.
That was good news… and there’s more to come. On 8 October 2025, the Reserve Bank of New Zealand (RBNZ) delivered a welcome boost to the housing market, cutting the Official Cash Rate (OCR) by 50 basis points to 2.5%. With another review due on 26 November, Daniel Horrobin, Director … Read more
Not Out of the Woods Yet, But Signs of Optimism Emerging in Property Market Auckland, September 2025 – The latest data and market insights suggest that while challenges remain, there are encouraging signs of renewed momentum in the New Zealand property market. An extract from the REINZ Property Report (September) … Read more