16-18 St Stephens Avenue, Parnell
16-18 St Stephens Ave, Parnell, Auckland, 1052, NZ
1.715 vierkante meter
Beschrijving
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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Kenmerken
Bruto landoppervlakte
2.829 vierkante meter
Media
Investeringskenmerken
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.
Contact adviseurs
Auckland CBD's premier PBSA development site (0 Eigendommen)
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Laatst bijgewerkt
Jun 30, 2026
