Prime Auckland CBD site - Development opportunity

1, Mills Lane, City Centre, Auckland City

Price On Application

Proposed Usage
Development Site
Land Area
4259.00 m²
Description:
Property ID
1bphf71

Over an acre of prime CBD land on Albert Street, with three street frontages, on an elevated site close to the popular waterfront end of Queen Street is up for sale with concept plans in place for a major twin tower residential and hotel development on the property.

The proposed development would encompass nearly 55,000m2 of gross building area, with one tower comprising 52 levels, the other 46 levels.

The latest Architectus proposal combines a five-storey podium with two residential towers, approximately 180m and 200m high, containing approximately 350 apartments and a 200-room hotel.

The podium accommodates retail, cafes and restaurants and includes courtyard spaces along with hotel facilities such as a gymnasium and a pool.

The hotel would be accommodated on the lower 20 levels of the eastern tower, with entrances from both Albert Street and Mills Lane. A hotel restaurant would be located off Albert Street opening onto a private courtyard.

The corner of Queen and Shortland Streets is less than a two minute walk away via the Swanson laneway that runs off Mills Lane and it's also only a short walk down Albert Street to where Precinct Properties' exciting new Commercial Bay office/retail waterfront complex will be fully developed by 2020.

- Prime 4,258m2 freehold development site in three separate titles (369m2, 451m2, 3,438m2)
- Three street frontages (Albert St, Wyndham St, Mills Lane)
- At the doorstop of the northern end of Queen Street (via Swanson Lane)
- Five existing buildings totaling 15,056m2 with demolition consent
- Resource consent in place for high rise office, hotel, retail and parking
- Significant preliminary design work and concept drawings have been completed
on a 52 and 46 storey twin tower residential/hotel development
- Site vacant for the first time in over 150 years

For sale by International Private Treaty

For further details please contact the sole agent.
http://1millslane.co.nz

Enquire about this property

City Centre Area