
16-18 St Stephens Avenue, Parnell
16-18 St Stephens Ave, Parnell, Auckland, 1052, NZ
1 715 mètres carrés
As exclusive agents, JLL presents for sale via International Expressions of Interest – 1A Greys Avenue, Auckland CBD.
This centrally located site benefits from an existing resource consent for hotel and residential apartment development, with ground-floor retail fronting Greys Avenue and direct pedestrian access to Aotea Square. The site's strategic position within Auckland's education precinct also supports alternative use as purpose-built student accommodation, subject to a new resource consent.
The location sits at the intersection of Auckland's hospitality, residential, and education markets. Within walking distance of the University of Auckland and AUT (collectively serving over 75,000 students), the Aotea cultural quarter, and the midtown commercial core, the site offers optionality across three high-demand asset classes.
A 100% interest is for sale via International Expressions of Interest closing 4:00pm NZST, Tuesday, 28 July 2026 (unless sold prior).
Investment Highlights:
*Consented site with optionality: Existing resource consent for a hotel and residential apartment development
*Prime CBD location: Direct Aotea Square access with frontage to Greys Avenue in Auckland's education, cultural, and commercial heart
*Additional value streams: Ground-floor retail component, plus opportunity to acquire adjoining sites including two further development parcels and 87 secure basement car parks (available separately)


