1/40 Rosedale Road, Albany, North Shore City Hotel property investment

Available PropertyFiles:

  • /A. Record of Title/
    • Rosedale Road 40 Unit 1_853394_Title.pdf
  • /B. LIM Report/
    • Rosedale Road 40 Unit 1_LIM.pdf
  • /C. Lease Documentation/
    • first floor.pdf
    • ground floor plan.pdf
    • second floor.pdf
  • /D. Body Corporate/
    • Body Corporate.zip
  • /F. Information Memorandum/
    • Marsden Suites_Information Memorandum_04.04.25.pdf

Property Description

• Reputable national tenant
• Strong lease - 15 years (since 2019) with rights of renewals
• Net renal income $1,167,328.80pa + GST and outgoings
• 64 self-contained units with 64 car parks
• For sale by Expression of Interest 5th June 2025

Bayleys are extremely proud to exclusively market this Hotel property opportunity for sale at 40 Rosedale Road, Albany Auckland. For sale by Expressions of Interest (unless sold prior) closing 4pm Thursday, 5th June 2025.

Strategically located in the high demand catchment of Albany, a key business and commercial hub on Auckland's North Shore. The property has close proximity to Westfield Albany, Massey University, North Harbour Stadium and AUT Millennium, ensuring consistent demand from business travelers, students, and sports teams.

This property also enjoys easy access to State Highway 1 and major arterial roads, providing excellent connectivity to Auckland's CBD and beyond. Strong revenue by way of a long-term lease to a national hotel company who have just completed a full refurbishment of all 64 rooms and common areas. The hotel operating as a four-star hotel, featuring modern, self-contained suites suitable for both short and long-term stays. A 15 year secured long term lease (from 2019) with three rights of renewals of five years each, offering built-in fixed rental growth and market rent review every five years, making it an attractive investment for any astute investors!

Call the Bayleys sole agents Wayne Keene +64 21 666 991 and Toer Li +64 21 110 8858 for further information and arrange viewings

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Toer Li

Bayleys Real Estate Ltd

Licensed under REA 2008

021 110 8858   toer.li@bayleys.co.nz   All Listings

Toer, (like Thor, pronouncing the ‘TH’ as ‘T’ only) brings extensive sales and leasing experience to the NAI Harcourts Cooper & Co team. He has been personally involved in managing retail businesses and is in a unique position where he easily understands both vendors and purchasers’ situations, their concerns and how stressful things can be for both parties.
Toer is a master at ensuring the process is smooth for all concerned and he delivers the best outcomes. Born in Mainland China, Toer first came to New Zealand in 2003, like many hard-working Chinese, he has enjoyed the time living and studying here. Toer gained double major degrees in Finance and Marketing from the University of Waikato Business Management Studies; he strongly believes that his deep affection to this country is the same reason why people fall in love with New Zealand, and the same reason people want to invest here.Toer's aim is to build this bridge between the two parties, act as a mediator, internationally and domestically; he is honest, precise and handles issues with profession & efficiency, the win-win results is what he pursues for, both for vendors and buyers.
Toer is friendly and easy to talk to, his enthusiasm in soccer and snooker gives him the mental and physical strength, and it is the same passion he shares at work. Give Toer a call now and let him help you to score your ultimate goals!


Contact Wayne Keene

Bayleys Real Estate

Bayleys Real Estate Licensed under the REA Act 2008

+64 9 309 6020   +64 21 666 991   wayne.keene@bayleys.co.nz   All Listings

Wayne has 30 years’ experience in Real Estate and almost this entire time has dedicated it to the hotel and tourism industry.
Wayne started his Real Estate career at Bayleys in 1991 selling and leasing industrial property but quickly turned his focus to the hotel sector.

In 2002 Wayne co-founded Resort Brokers, a specialist brokerage company with a total focus in the sale of Hotels Tourism & Leisure. Resort Brokers became the authority in the industry and remained market leaders in New Zealand for the next 18 years.
Wayne and the Resort Brokers team now enjoy an even larger presence in the hotel tourism & leisure industry with market leaders Bayleys having acquired Resort Brokers in 2020 making Bayleys the largest full service real estate company in New Zealand.

Wayne has a substantial database of hotel owners and investors and leverages off the Bayleys Knight Frank relationship with their international hotel team. This delivers so much more opportunity but most importantly gives clients another choice in the sale of their hotel assets and provides a global representation.

Wayne is actively involved in selling nationally and has a comprehensive understanding of current market trends and nuances in the tourism industry. He can best advise you on strategy around the sale or acquisition of assets in the current market in order to achieve the best possible result for your needs.