Luxury Market Peaks At Final Pacifica Penthouse

Global economic uncertainty and ongoing geopolitical tensions are reigniting global demand for tangible assets – particularly prime real estate in countries renowned for their stability, governance, and lifestyle advantages, Bayleys salespeople say.

Amid this renewed appetite for security and permanence, the final remaining penthouse at The Pacifica offers a rare and unmatched opportunity for top-tier buyers seeking world-class luxury and architectural prestige in the heart of Auckland.

Commanding the highest residential elevation in New Zealand, the penthouse crowns the nation’s tallest residential tower and spans more than 355sqm (3,821sqft) of elegantly crafted, single-level grandeur.

Bayleys general manager – Projects, Gavin Lloyd, describes it as a private sanctuary in the sky - a true jewel in the crown of New Zealand’s luxury property market.

Lloyd is marketing Penthouse 5402 at 10 Commerce Street for sale by negotiation with colleagues Jo Johnstone and Carol Cong.

“This is a statement in architectural ambition and design sophistication,” Lloyd says. “With sweeping views across the Waitematā Harbour and city skyline, it delivers a premium urban lifestyle of scale, exclusivity, and unrivalled elegance.

“Penthouse 5402 stands alone in the market – offering an extraordinary chance to secure a generational asset at a time when high-end residential offerings are increasingly scarce and highly sought-after.

“In a climate of constrained supply and no comparable projects in the pipeline, this is a legacy acquisition. A home that cannot be replicated.”

Lloyd notes that, as the global economic landscape continues to shift, New Zealand has seen renewed interest from international investors seeking secure, high-quality assets in safe haven markets – drawn by the country’s strong governance, liveability, and comparative value in the global luxury real estate sector.

The Bayleys team says recent volatility across major economies – driven by inflationary pressures, U.S. President Trump’s ‘Liberation Day’ tariffs, and a sharp correction in equity markets – has prompted a new wave of offshore enquiry.

“This renewed international attention coincides with a recovering domestic economy, underpinned by steady migration and sustained confidence in New Zealand’s premium property sector,” says Bayleys Residential and Special Projects salesperson Jo Johnstone.

Against this backdrop, the Pacifica penthouse is a beacon of quality and permanence – a residence crafted with award-winning precision and every detail considered for optimal comfort and indulgence.

Key features include a state-of-the-art Gaggenau-appointed kitchen with marble surfaces, a full butler’s pantry, expansive open-plan living anchored by a travertine fireplace, and a private media room for elevated entertaining.

Oak plank flooring and panelled feature walls deliver warmth and refinement, while expansive glazing that frames the sweeping views of the Waitematā Harbour and city scape ensures every corner of the home is bathed in natural light.

Residents enjoy exclusive access to The Pacifica’s five-star amenities, including a 24-hour concierge, valet parking, a swimming pool, sauna, spa, and gym facilities. The address also places them moments from Auckland’s finest dining, retail and waterfront attractions, including superyacht berths and direct ferry access to Waiheke Island.

Bayleys Remuera Residential salesperson Carol Cong says the residence has garnered renewed interest from high-net-worth individuals across the Asia-Pacific region and United States, where global uncertainty is fuelling a ‘flight to quality’.

“The Pacifica took a decade to bring to life, and nothing of its scale, architectural excellence, or vertical height exists elsewhere in the country.

“For the right buyer, this is more than a penthouse – it’s a generational lifestyle asset, a statement of enduring success, and a secure foothold in one of the world's most revered and stable countries,” she says.

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