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Major landholding of 4,234sqm on Queen Street

450 Queen Street, Auckland Central

Investment Opportunities
dollar

Tender

Floor area
9707m2
Land area
4234m2
Title type
Freehold
On this page:

Tender

Friday
4:00pm
17
Oct

Map

Property details

Listing # 1699586 | Listed on 10 July
  • Significant freehold site of 4,234sqm (more or less)
  • Two existing buildings totalling 9,707sqm (approximately) of net lettable area
  • Prominent dual corner position with triple street frontage to Queen Street, Turner Street, and Waverley Street
  • Unmatched potential for developers, land bankers, and add-value investors

A rare chance to acquire one of the largest landholdings on Queen Street. Comprising a land area of 4,234sqm on a high-profile dual corner site, 450 Queen Street represents an exceptional opportunity for developers, land bankers, or add-value investors.

450 Queen Street includes two standalone buildings with a combined net lettable area of 9,707sqm, complemented by 173 on-site car parks. Currently returning $887,818pa + GST, the property features significant existing vacancy, offering substantial upside through reconfiguration, repurposing, or re-leasing strategies.

Occupying a commanding position with triple street frontage to Queen Street, Turner Street, and Waverley Street, the site benefits from outstanding exposure and accessibility.

Zoned Business – City Centre, the property allows for development up to 50 metres in height, with further uplift potential to 72.5 metres proposed under Plan Change 78 – offering a future-proofed development prospect.

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