Carlaw Park Student Village Stage 4
Carlaw Park Student Village Stage 4
Project
Accommodation
/ Residential
Location
22 Stanley Street
Parnell
Auckland
Development Partners
Reidy & Co and
Haydn & Rollett
Precinct Properties
Value
$290 Million
Period
32 Months
Consultants
Architects /
Ashton Mitchell
Structural /
Mott MacDonald
Following the successful completion of Stuart McCutcheon House in January 2023, which is next to 22 Stanley Street, Reidy & Co and Haydn & Rollett conceptualised a new Purpose Built Student Accommodation project.
Given its proximity to Stuart McCutcheon House, 22 Stanley presented an obvious opportunity. Through a long-term relationship with the owner of the property, a conditional agreement to purchase the site was negotiated subject to due diligence, University of Auckland’s commitment to a long-term lease and receipt of Resource Consent for the project, 2 levels over the permitted height limit.
Reidy & Co and Haydn & Rollett negotiated the lease terms and documentation of the new agreement for the project with University of Auckland.
During the conditional period Reidy & Co and Haydn & Rollett also introduced Precinct Properties to the project as developer and owner. The agreement with Precinct Properties was subject to the introduction of their capital partner to the project and building contract agreement with Haydn & Rollett.
Reidy & Co and Haydn & Rollett as JV Partners played a key role in all aspects of the project as originators up to the commencement of construction of the project in June 2025.