Properties

Grand Millennium Auckland

71 - 87, Mayoral Drive, Auckland 1010

  • Guest Room

    453
    Guest Rooms

  • Land Area

    5,910 sq m
    Land Area

The 453-room Grand Millennium Auckland is a prime 12-storey atrium-styled hotel located in New Zealand's main gateway city. The property is one of the largest hotels in the city comprising extensive conference facilities. It is situated in the heart of Auckland, only 600 metres south of the Sky City entertainment complex, and minutes from all major commercial buildings and the University of Auckland.

A key highlight of the hotel's location is its proximity to Auckland's prime convention precinct which comprises four of Auckland's finest venues: Aotea Centre, The Civic, Auckland Town Hall and Aotea Square. The hotel is also within walking distance to the casino and the upcoming New Zealand International Convention Centre which is due to open in early 2026. It is an ideal base for all travellers.

The hotel completed the refurbishment of the all-day dining restaurant and the lobby lounge in late 2023. Its stunning ballroom transformation concluded in April 2024, coinciding with the commencement of the first phase of guest room renovations, which wrapped up in November 2024. Renovation works at the atrium bar have been substantially completed, with the public areas and the second phase of room refurbishments set to finish in 2025.

NOTABLE ACCOLADES

  • • Qualmark Assessment 2024 - 4.5 stars
  • • TripAdvisor Certificate of Excellence (2012 - 2021)

 

Property Details [  –  ]
Number of guest rooms 453
Number of F&B outlets Five outlets in the new Grand Dining Precinct, comprising Katsura Restaurant for Japanese cuisine, Ember for contemporary cuisine, Dans le Noir? a unique dining in the dark experience, Estelle's lounge and The Aviary lobby bar
Banquet/Conference/Meeting facilities 15 versatile spaces boasting over 1,619 sq m to cater to both intimate gatherings and grand events, suitable for up to 1,000 delegates. Highlights include a newly renovated ballroom with a capacity of 550, ideal for galas, conferences and receptions with sophisticated style and advanced technology
Other facilities Full serviced business centre
Car park facilities 259 car park lots
Land area 5,910.0 sq m
Title Freehold
Purchase price at 19 December 2006 NZ$113.0 million
Valuation (1) as at 31 December 2024 NZ$219.0 million
Master Lease Details [  –  ]
Master lessee Hospitality Services Limited, a subsidiary of Millennium & Copthorne Hotels New Zealand Limited
Term of lease Three years from 7 September 2016 with options to renew for two further 3-year terms each. Lease renewed for second 3-year term expiring on 6 September 2022 and third 3-year term expiring on 6 September 2025
Minimum rental income Zero for the first two years of the term and NZ$2.0 million for the third year
FY 2024 Key Financials [  –  ]
Rental income S$5.2 million (2)
(NZ$6.5 million)
Net property income S$5.2 million (2)
(NZ$6.5 million)
  • (1)The property was valued by CBRE Limited using a combination of the Capitalisation and Discounted Cash Flow approaches.
  • (2)Based on the average exchange rate of NZ$1.00 = S$0.8092.

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