Listing #:1613666384

STUDENT ACCOMMODATION DEVELOPMENT

Location: 75 Wakefield Street and 44 Airedale Street, City Centre, Auckland City, Auckland
Property use: Developmen­t site
Floor area: 320-320m2
Land area: 453m2
Price: Price by negotiatio­n
A rare opportunity to purchase a consented Student Accommodation Development in the heart of the CBD Education Precinct. 

The property delivers an excellent opportunity to generate exposure to a rapidly emerging asset sector, underpinned by a shortage of supply in Auckland. 

With the current consent, the development utilises the air rights from the Fitzroy Hotel into a 14-level student accommodation tower on the adjoining site. This level of site intensity is rare for CBD sites of this size.

Demand for this asset class has been rapidly growing globally, particularly from institutional investors and fund managers.  Secure this opportunity now.

 
Features:
* Consented Development Sites
* 156 Proposed Student Accomodation Units
* 4,032 sqm Consented Gross Development Area
* High Demand Asset Class
* Outstanding CBD location

Agency reference #: 176390
Show on map
  • directions_car
  • directions_bus
  • directions_run
  • directions_bike
Depart at:
Duration:
Distance:
 
While we've done our best to correctly map this location, it may not be exact.
While we've done our best to correctly map schools in this location, school zone information may not be exact,
so please double check with the school. Read our Maps in Property help page for further information.
Price by negotiation
Listed: Thu 26 Apr, 3:22 pm
Tony Allsop
Colliers International, (Licensed: REAA 2008)
  • Contact details
  •  (09) 3568805
  •  (021) 959154

Advertisement

Agent's details

Tony Allsop
  •  (09) 3568805
  •  (021) 959154
Simon Felton
  •  (09) 3597986
  •  (021) 2124419
Colliers International, (Licensed: REAA 2008)
(09) 3581888
Log in or register to email the agent.
Expires: Sun 10 Feb, 3:59 pm
Page Views
2763