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Landmark Auckland CBD Redevelopment Opportunity

253-261 & 263-267 Queen Street, Auckland Central

Retail Property
dollar

Deadline Sale

Floor area
16632m2
Land area
3435m2
On this page:

Deadline sale

Tuesday
4:00pm
21
Apr

Map

Property details

Listing # 8652045 | Listed on 20 March

As exclusive agents, JLL presents for sale via International Expressions of Interest – Smith & Caughey's - Queen Street, Auckland CBD.

Offered for the first time in 142 years, this generational asset is the most significant CBD redevelopment opportunity in over a decade. The site offers exceptional scale, an irreplaceable history, and multiple pathways for value creation - from refurbishment to a landmark redevelopment - enabled by its prime Business - City Centre zoning.

Commanding a corner position with triple street frontage, the asset comprises three titles totaling 16,632 sqm of lettable area on a 3,435 sqm freehold site (approximately).

Investment Highlights:

  • Generational Landmark: A true national icon, with a long history under dedicated stewardship. The offering presents an opportunity to acquire a landmark which cannot be replicated.
  • Epicentre of Transformation: Positioned at the heart of a $10 billion investment wave redefining midtown Auckland.
  • Infrastructure-Led Value Growth: Located next to the future Te Waihorotiu Station, soon to be the country’s busiest, with a peak capacity of 47,000 passengers per hour.
  • Multiple Pathways to Value: The asset’s scale, heritage character, and prime zoning enable various strategic outcomes.

A 100% freehold interest is for sale via International Expressions of Interest closing 4:00pm NZST, Tuesday, 21st April 2026 (unless sold prior).

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