STUDENT ACCOMMODATION DEVELOPMENT

75, Wakefield Street and 44 Airedale Street, City Centre, Auckland City

Price On Application

Proposed Usage
Office
Floor Area
320.00 m²
Land Area
453.00 m²
Description:
Property ID
1c1pv69



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.

 

Enquire about this property

City Centre Area