Established tenanted investment in the CBD


GC/508 Queen Street, Auckland Central

By Negotiation

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Established tenanted investment in the CBD | GC/508 Queen Street, Auckland Central | 1903669 |      X Close
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Established tenanted investment in the CBD


β€’ 150sqm retail opportunity fronting the iconic Queen Street

β€’ Leased to Black Bull Liquor in occupation since 2018 on a six year lease with rights of renewal in place until 2036 and fixed rental growth

β€’ Currently returning $90,900pa net plus GST and outgoings

β€’ Strategic position in the Auckland CBD with ease of access to main arterial routes and motorway networks

β€’ Passive and add-value investors must investigate further

This tenanted investment is located on the busy and historic main arterial in Auckland's CBD. A road front retail unit facing Queen Street with two allocated car parks. The property has been utilised as a liquor shop since 2011 and positioned for unbeatable exposure to passing car and foot traffic.

Leased to Black Bull Liquor since 2018 returning $90,900pa plus GST and outgoings with rights of renewals in place until 2036 and fixed rental growth. A strong passive and add value investment that should not be overlooked.

The property offers ease of access to nearby retail hubs such as High Street, Vulcan Lane, Shortland Street, Karangahape Road and Britomart. Surrounding properties comprise a range of business types including cafes, bars, restaurants, boutique fashion outlets and a variety of commercial businesses.

For more information or to discuss alternative property requirements, please contact:

Tony Chaudhary

021 995 121

[email protected]

Nicolas Ching

021 396 890

[email protected]

Jordan Brown

021 144 9825

[email protected]

Nicolas Ching

Auckland Central

Licensed under the REA Act 2008

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Jordan Brown

South Auckland

Licensed under the REA Act 2008

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GC/508 Queen Street, Auckland Central

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Nicolas Ching

Auckland Central

Licensed under the REA Act 2008

View profile

Jordan Brown

South Auckland

Licensed under the REA Act 2008

View profile