Description

As exclusive agents, JLL presents for sale via International Expressions of Interest – 1A Greys Avenue, Auckland CBD.

A rare ground-up opportunity to develop an institutional-scale Purpose-Built Student Accommodation (PBSA) asset at the heart of Auckland’s CBD and education precinct. An indicative scheme a leading architect supports 704 beds across two buildings, with ground-floor retail fronting a prime midtown position and direct access to Aotea Square. A short walk from the University of Auckland, AUT and CRL, the site is underpinned by an acute, structural undersupply of student housing in New Zealand’s #1 student city.

A 100% interest is for sale via International Expressions of Interest closing 4:00pm NZST, Tuesday, 28 July 2026 (unless sold prior).

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Attributes

Land area gross

30,451 sf

Media

Investment Highlights

Investment Highlights:

Institutional Scale: An indicative 704-bed scheme by a leading architect across two buildings, delivering a new, best-in class product with full design flexibility.

Prime Education Precinct: A short walk from the University of Auckland and AUT, serving a combined population of over 75,000 students.

Structural Undersupply: Auckland is New Zealand’s #1 student city, with a significant bed shortfall against global-benchmark penetration underpinning long-term occupancy and rental growth.

Multiple Pathways to Value: Ground-floor retail income, plus adjoining acquisitions including two further development sites and 87 secure basement car parks available separately.