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Prime Auckland CBD Apartment Hotel Investment


This high-quality, purpose-built apartment hotel comprises over 80 apartments and occupies a prime position in the heart of Auckland's central business district close to the waterfront and Sky City Hotel.

Constructed in 2008, the property is exceptionally well maintained and offers a rare opportunity to secure a proven income-generating hospitality asset in one of New Zealand's most tightly held commercial precincts.

The current ownership group retains a core group of prime apartments and holds full control of the management business, ensuring streamlined operations and strong oversight.

The investment offering includes:
•Over 20 freehold unit-titled one- and two-bedroom serviced apartments, complete with chattels.
•A ground-floor, unit-titled management office and a licence to operate from the ground-floor reception area.
•The chattels associated with over 60 unit-titled apartments, which are largely owned by offshore investors participating in the established letting pool.

These inclusions provide a consistent brand and quality standard across all apartments.
This is a compelling opportunity to acquire a well-located, income-producing hospitality asset with the flexibility to align the property to a dedicated hotel brand of your choice, unlocking further growth potential.

Adding to its appeal, the building has been assessed at 100% of the New Building Standard (NBS), achieving a Seismic Grade A+ rating in accordance with the New Zealand Society for Earthquake Engineering (NZSEE) guidelines. This represents best-in-class seismic resilience and offers exceptional long-term asset security.

For Sale by Negotiation
Wayne Keene

Wayne Keene

National Director - Hotels, Tourism and Leisure Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Eddie Rizarri

Eddie Rizarri

Hotels, Tourism and Business Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Revenue


Proven income-generating hospitality asset in one of New Zealand’s most tightly held commercial precincts

Established business


largely owned by offshore investors participating in the established letting pool.

Established business


Constructed in 2008, the property is exceptionally well maintained

Quality chattels


A consistent brand and quality standard across all apartments

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