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Auckland Central

M2, C7 and C8/300 Queen Street, Auckland Central, Auckland

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95sqm Floor area

Lorne street retail + billboard income potential


• Prime Lorne Street location with Queen Street address
• Strong pedestrian exposure and excellent accessibility
• Leased to well-known Chinese restaurant Best Chef
• Secure lease expiring 30 November 2029
• Potential additional income from rooftop billboard signage

In addition to the secure rental income from the ground floor tenancy, investors may benefit from the opportunity to generate supplementary advertising income from the prominent Queen Street facing billboard. Positioned on a high-rise building in the heart of Auckland CBD, the billboard enjoys outstanding visibility and offers attractive future income potential, subject to the relevant agreements and regulatory requirements.

With a proven tenant, strategic positioning, and limited availability of quality CBD retail investments, this property represents an outstanding opportunity to acquire a secure income-producing asset with potential for future revenue growth.

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

9
Sep

Time11am
Calander
Calendar
Millie Liang

Millie Liang

Associate Director - Commercial Sales and Leasing

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Floor area details


95sqm ( approximately)

Lease


Five years lease from Dec 2024

Passing income


$86,739pa + GST and outgoings

Location


Prime Lorne Street location with Queen Street address

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