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Add value or develop - prime CBD opportunity

161-169 Hobson Street, Auckland Central

Investment Opportunities
dollar

Negotiation

Floor area
1634m2
Land area
809m2
Title type
Freehold
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Property details

Listing # 1698981 | Listed on 13 March
  • High-profile corner site on 809sqm of freehold land across two separate titles
  • Resource consent approved – permitted for an 11-storey plus basement hotel or visitor accommodation development
  • Alternative option to add significant value to the existing building
  • Exceptional CBD location with significant road frontage on both Hobson Street and Cook Street, ensuring maximum visibility and accessibility

A unique and rare opportunity to acquire a prime CBD site, strategically positioned on the high-profile corner of Hobson Street and Cook Street. Offering development potential, resource consent has been granted for a 11-storey visitor accommodation or hotel development, featuring basement parking plus amenities, ground floor amenities plus hospitality, and 10 levels of apartment style hotel rooms - a total of 138 rooms. Alternatively the existing building offers a significant opportunity to add value, with level 1 and level 2 both currently vacant

Situated on the Hobson Street ridge, this site offers unparalleled development and location advantages, enhanced by its proximity to key landmarks such as SkyCity, Aotea Centre, and the upcoming CRL Aotea and Karangahape Stations.

Capitalise on the existing resource consent and strategic location of this prime CBD opportunity.

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