Marsden Suites Hotel offers an exceptional investment opportunity situated in Albany, a dynamic and rapidly expanding commercial precinct within Auckland’s North Shore. This four-star hotel comprises sixty-four contemporary, self-contained suites designed to cater to a wide range of guests—from short-stay visitors to extended-term residents—blending comfort, functionality, and versatility to meet diverse traveler preferences.

Constructed in 2019 and thoroughly refurbished in 2024, Marsden Suites Hotel delivers a fresh, modern hospitality environment that reflects the latest standards in guest accommodation. The refurbishment enhances the property’s aesthetic appeal and operational efficiency, reinforcing its status as a premium lodging destination within Albany. This strategic upgrade underscores the commitment of the tenant and operator to maintaining superior guest experiences, which in turn supports strong occupancy and sustained revenue.

The hotel is operated by a well-established New Zealand-owned management company known for its portfolio of high-quality four- and five-star hotels across the country. This reputable operator brings proven expertise in hospitality management, brand recognition, and customer loyalty, which collectively contribute to consistent demand and reliable income streams for investors.

Financially, Marsden Suites Hotel stands out as a high-performing asset, generating an annual net rental income exceeding one million one hundred sixty thousand dollars, exclusive of GST and operational outgoings. This solid cash flow is underpinned by a long-term lease agreement that features a fixed two percent rent escalation annually, coupled with market rent reviews every five years. The lease extends until 2034, with three additional five-year renewal options, delivering investors with both income security and the potential for enhanced returns over time. The lease structure effectively mitigates risk by providing predictable growth in rental income, aligning with inflationary trends and market conditions.

The hotel’s physical footprint spans nearly three thousand square metres distributed over two levels, offering ample space for guest accommodations and ancillary facilities. A key feature of the property is the provision of sixty-four dedicated parking bays, an important asset in the Auckland market where parking availability significantly influences guest convenience. Of these bays, thirty-eight are leased together with the hotel, while twenty-six remain unleased, creating an attractive opportunity for supplementary revenue through separate leasing arrangements to nearby businesses or tenants.

Accommodation options within Marsden Suites are thoughtfully designed to suit a variety of needs, with suite sizes ranging from thirty-eight to seventy-six square metres. This range accommodates solo business travelers, couples, families, and long-stay guests, ensuring broad market appeal. Each suite comes fully furnished with contemporary interiors, featuring well-appointed kitchenettes equipped with modern appliances, allowing guests the flexibility to prepare meals and enjoy home-like comforts during their stay. This level of amenity enhances the property’s appeal to corporate clients, relocating professionals, and travelers seeking extended accommodation options.

Adding to the hotel’s versatility is a dedicated meeting room capable of hosting up to forty attendees. This space supports corporate events, training sessions, workshops, and small conferences, generating additional income and attracting a corporate clientele. The meeting facilities complement the hotel’s accommodation offerings by providing a convenient venue for business functions within the same property, which appeals to companies seeking integrated accommodation and event solutions.

Marsden Suites Hotel benefits from its prime location within a mixed-use commercial complex that includes ground-floor retail outlets and dining establishments. This vibrant setting creates a dynamic and engaging environment for guests, offering easy access to restaurants, cafes, and essential services just steps from their accommodation. The combination of retail and hospitality enhances guest satisfaction and supports longer stays by meeting diverse lifestyle needs.

The hotel’s strategic placement in Albany leverages the area’s ongoing commercial and residential growth. Albany has emerged as one of Auckland’s fastest-growing suburbs, attracting investment and development across office, retail, and residential sectors. This growth fuels demand for quality accommodation, positioning Marsden Suites Hotel as a valuable asset poised for capital appreciation alongside steady rental income. The property’s recent refurbishment reflects the tenant’s proactive approach to asset management, ensuring the hotel remains competitive in an evolving marketplace.

Proximity to several prominent landmarks further strengthens the hotel’s appeal. Massey University’s Albany campus, a hub for thousands of students and academic staff, creates consistent accommodation demand from visiting faculty, conference attendees, and university-related visitors. North Harbour Stadium, a major venue for sports and entertainment events, draws large crowds, many of whom require nearby lodging. Additionally, Westfield Albany shopping centre offers extensive retail and leisure options, while the AUT Millennium Sports Centre supports sporting professionals and event participants. Together, these amenities generate a steady flow of visitors across different segments, underpinning robust occupancy levels throughout the year.

The hotel’s location within a thriving business district enhances its attractiveness to corporate travelers. Surrounded by offices, technology companies, and light industrial enterprises, Marsden Suites serves as a convenient lodging option for professionals requiring proximity to their workplaces. This natural customer base drives weekday occupancy and supports demand from those attending meetings, conferences, and business-related travel.

Ease of access is another vital advantage. The hotel is well connected to Auckland’s central business district and neighboring suburbs, allowing guests to reach key destinations quickly. This accessibility benefits both business and leisure travelers, who can easily explore Auckland’s wider attractions, attend conferences, or enjoy the region’s lifestyle offerings. Nearby dining, entertainment, and recreational activities further enrich the guest experience, making Marsden Suites an appealing choice for visitors attending cultural events, sporting fixtures, or family outings.

Current market conditions reinforce the timeliness of this investment. International visitor arrivals to New Zealand increased by twelve percent year-on-year as of December, reflecting a strong recovery in tourism following the global slowdown. This upward trend is translating into higher hotel occupancy rates and rising demand for quality accommodation in Auckland’s suburbs, including Albany. The growing influx of international and domestic travelers highlights the potential for further income growth and capital appreciation at Marsden Suites Hotel.

In summary, Marsden Suites Hotel offers investors a rare combination of features that make it a standout commercial real estate investment. Its secure, long-term lease with built-in rent escalations guarantees stable and increasing cash flow. The modern, fully refurbished facilities meet the needs of a diverse clientele, ranging from short-stay tourists to extended-term residents. The strategic location within a flourishing commercial and residential hub ensures consistent demand and growth potential.

Additional income streams from parking bay leasing and meeting room hire enhance the asset’s revenue profile. Proximity to major educational institutions, sports venues, retail centres, and business precincts attracts a wide range of guests, supporting high occupancy rates. The hotel’s management by a respected New Zealand-owned operator adds operational strength, brand value, and confidence in sustained performance.

For investors seeking to expand their hospitality or commercial property portfolio with a quality, income-producing asset in Auckland’s North Shore, Marsden Suites Hotel presents a compelling opportunity. Its blend of strategic location, modern accommodation, secure lease structure, and ancillary revenue potential positions it as a valuable long-term investment with attractive risk-adjusted returns.

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