Bayleys Real Estate Ltd
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Auckland Central

80 Greys Avenue, Auckland Central, Auckland

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1,467sqm Land area SQM
5,429sqm Floor area
93 Offstreet
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Unlock Midtown's potential with CRL upside


• Exceptional Midtown CBD location within easy walking distance to two CRL stations, Aotea Arts Quarter and major city amenities.
• Significant value‑add potential with live resource consent for 125 hotel rooms or consider multiple other alternative use pathways.
• Large, efficient floor plates totalling 5,429sqm, superb natural light and elevated Myers Park and expansive city views.
• 80% NBS seismic rating and extensive upgrade works already completed
• 93 car parks over two levels

Bayleys is proud to present 80 Greys Avenue, an exceptional opportunity to acquire a substantial freehold asset in a strategically connected and rapidly evolving Midtown location. Positioned directly alongside Myers Park and within easy walking distance of the City Rail Link's new Karangahape and Te Waihorotiu Stations, this landmark building combines scale, connectivity, and genuine future flexibility, all while enjoying the tranquillity of a leafy, established streetscape of Greys Avenue.

With 5,429sqm of net lettable area across eight office levels, the property offers outstanding adaptability for a wide range of occupiers and redevelopment strategies. A live resource consent provides a clear pathway to convert Levels 1-5 into a 125‑room hotel. At the same time, the building's configuration, zoning and fundamentals also support repositioning as a modern office asset or conversion to a multitude of uses including education and residential.

Significant capital investment has already been deployed into the building, including HVAC upgrades, façade resealing, lift improvements and extensive roof works, The asset also benefits from 93 on‑site car parks or 1 per 58sqm of NLA, a rare feature in the CBD.

Existing tenants on level 5 and the car park provide holding income while repositioning plans are finalised. There is potential for holding income be be further enhanced through a vendor rental underwrite on vacant areas if required

For further information or to arrange an inspection, please contact the exclusive selling agents.

Expressions of Interest

24
Mar

Time4pm
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Jason Seymour

Jason Seymour

Director - Capital Markets

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

Alan Haydock

Commercial, Development and Investment Sales

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

James Chan

Director - Asian Markets

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

Features

Location


Exceptional Midtown CBD location

Consents


Significant value‑add potential with live resource consent

Floor area details


Large, efficient floor plates totalling 5,429sqm

Seismic (NBS rating)


80% NBS seismic rating and extensive upgrade works already completed

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