Listing #:1613666384


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.

* 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
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Price by negotiation
Listed: Thu 26 Apr, 3:22 pm
Tony Allsop
Colliers International, (Licensed: REAA 2008)
  • Contact details
  •  (09) 3568805
  •  (021) 959154


Agent's details

Tony Allsop
  •  (09) 3568805
  •  (021) 959154
Simon Felton
  •  (09) 3597986
  •  (021) 2124419
Colliers International, (Licensed: REAA 2008)
(09) 3581888
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Expires: Sun 10 Feb, 3:59 pm
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