CBRE is pleased to present for sale, the City Lodge Hostel at 150 Vincent Street. The asset comprises an 11-level living sector investment featuring 99 ensuited rooms, communal kitchen, dining, lounge and laundry facilities in addition to a full floor self-contained three bedroom penthouse apartment.
150 Vincent Street offers investors an affordable entry into Auckland's CBD accommodation sector, with a diverse range of value-add opportunities; to continue operating as a hostel under a more operationally efficient model, or reposition to worker accommodation, international student accommodation, or social housing.
150 Vincent Street is offered for sale by Tender closing Thursday 16 October 2025 at 4:00pm NZST (unless sold prior).