Landmark 225 room CBD hotel for sale through Whillans Realty Group’s Brice Clark and McVay Real Estate’s Sam McVay.
Whillans Realty Group’s Brice Clark together with McVay Real Estate’s Sam McVay, have been exclusively appointed to sell Hotel Indigo. It provides an opportunity to acquire a brand new 225 room hotel managed by Intercontinental Hotel Group (IHG), one of the world’s leading hotel management companies.
Set to fully open its doors next month, the property will be the first Hotel Indigo in New Zealand. The hotel occupies 27 floors of a 42-storey tower – one of Auckland’s tallest buildings – that is also home to exclusive sky residential apartments and penthouses. The hotel offering includes 225 generously appointed guest rooms,a modern French bistro restaurant, cocktail bar and lounge, gym and 76 car parks.
Located three blocks from Auckland’s waterfront, close to the New Zealand International Convention Centre, and local tourist attractions, Hotel Indigo Auckland is expected to be popular with both business and leisure travellers. It is only two blocks from SkyCity Casino and the Aotea Train Station – New Zealand’s busiest train station when it opens next year.
Whillans Realty Group’s Brice Clark says the property’s floor-to-ceiling glazing and ridgeline position on St Patrick’s Square deliver guest rooms with spectacular harbour and city views. “Unlike other hotels in the CBD, these exceptional views are largely protected by planning overlays and ownership structures of surrounding properties” adds Clark.
Sam McVay says, “Following years of substantial construction cost inflation, hotel feasibilities have become completely constrained, creating a competitive moat around existing supply. We are unlikely to see any new hotel supply in Auckland for the foreseeable future, which will ensure strong, long-term operational performance.”
McVay adds “the new build and leading design will ensure minimal medium term capital expenditure and deliver highly efficient hotel operations. With no stamp duty, land tax or comprehensive commercial property capital gains tax, New Zealand represents a tax effective jurisdiction to invest in.”
Hotel Indigo Auckland is the fifth Hotel Indigo property in Australasia, joining a rapidly expanding portfolio including Hotel Indigo Melbourne on Flinders, Hotel Indigo Brisbane City Centre, Hotel Indigo Adelaide Markets, and Hotel Indigo Sydney Potts Point.
Hotel Indigo will forever be a landmark on the Auckland skyline. This offering presents a truly intergenerational opportunity to acquire an iconic hotel in New Zealand’s largest city.
Hotel Indigo is being offered for sale by expressions of interest, closing at 4pm NZDT, Thursday 3rd April 2025.
To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.