Smith & Caughey's - Queen Street_Property for Sale

253-261 & 263-267 Queen Street, Auckland Central, Auckland, 1010, NZ

Smith & Caughey's - Queen Street

Description

As exclusive agents, JLL presents for sale via International Expressions of Interest – Smith & Caughey's - Queen Street, Auckland CBD.

Offered for the first time in 142 years, this generational asset is the most significant CBD redevelopment opportunity in over a decade. The site offers exceptional scale, an irreplaceable history, and multiple pathways for value creation - from refurbishment to a landmark redevelopment - enabled by its prime Business - City Centre zoning.

Commanding a corner position with triple street frontage, the asset comprises three titles totaling 16,632 sqm of lettable area on a 3,435 sqm freehold site (approximately).

A 100% freehold interest is for sale via International Expressions of Interest closing 4:00pm NZST, Tuesday, 21st April 2026 (unless sold prior).

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Attributes

Land area gross

3,435 sm

Building area net

16,632 sm

Zoning

Business - City Centre Zone

Annual Pedestrian Traffic

5.38 million (2025)

Tenure

Freehold

Call for offers

04/20/2026

Media

Investment highlights

Generational Landmark: A true national icon, with a long history under dedicated stewardship. The offering presents an opportunity to acquire a landmark which cannot be replicated.
Epicentre of Transformation: Positioned at the heart of a $10 billion investment wave redefining midtown Auckland.
Infrastructure-Led Value Growth: Located next to the future Te Waihorotiu Station, soon to be the country’s busiest, with a peak capacity of 47,000 passengers per hour.
Multiple Pathways to Value: The asset’s scale, heritage character, and prime zoning enable various strategic outcomes.