Prime development site opposite Auckland Hospital
61-71 Park Road, Grafton
• High profile corner development site totalling 749sqm (more or less)
• Within New Zealands largest healthcare and biomedical precinct opposite Auckland Hospital and neighbouring University of Auckland's Grafton Campus
• Resource consent in place for a five-level healthcare facility
• Potential for PBSA, boutique hotel and residential accommodation also
• Holding income of $188,155 + GST from established tenants
Positioned on a high-profile corner with some 26m of frontage to Park Road and some 28m of frontage to Park Avenue in Grafton's healthcare precinct. This is a scarce opportunity to secure one of the precinct's remaining development sites with flexible zoning and potential 50m height limit under the Auckland Council PC120 changes.
Resource consent is in place for a five-level 2,517sqm building with basement carparking. Investors and landbankers, an attractive income of $188,155 + GST is in place to a number of established tenants with demolition clauses in place.
In summary, a versatile opportunity which benefits highly from its central location, located near the idyllic Auckland Domain, a short drive to Newmarket and the Auckland CBD, with convenient access to all motorways and within walking distance to various CRL train stations.
Tender closing date has been brought forward to Friday 28th August 2026 at Bayleys House, 30 Gaunt Street, Auckland.
• High profile corner development site totalling 749sqm (more or less)
• Within New Zealands largest healthcare and biomedical precinct opposite Auckland Hospital and neighbouring University of Auckland's Grafton Campus
• Resource consent in place for a five-level healthcare facility
• Potential for PBSA, boutique hotel and residential accommodation also
• Holding income of $188,155 + GST from established tenants
Positioned on a high-profile corner with some 26m of frontage to Park Road and some 28m of frontage to Park Avenue in Grafton's healthcare precinct. This is a scarce opportunity to secure one of the precinct's remaining development sites with flexible zoning and potential 50m height limit under the Auckland Council PC120 changes.
Resource consent is in place for a five-level 2,517sqm building with basement carparking. Investors and landbankers, an attractive income of $188,155 + GST is in place to a number of established tenants with demolition clauses in place.
In summary, a versatile opportunity which benefits highly from its central location, located near the idyllic Auckland Domain, a short drive to Newmarket and the Auckland CBD, with convenient access to all motorways and within walking distance to various CRL train stations.
Tender closing date has been brought forward to Friday 28th August 2026 at Bayleys House, 30 Gaunt Street, Auckland.
Key features
Land area breakdown
High profile corner development site totalling 749sqm (more or less)
Location
Within New Zealand’s largest healthcare and biomedical precinct opposite Auckland Hospital and neighbouring University of Auckland’s Grafton Campus
Consents
Resource consent in place for a five-level healthcare facility
Occupancy
Holding income of $188,155 + GST from established tenants
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