Listing #:1648453402

Queen Street corner shop for sale

Location: City Centre, Auckland City, Auckland
Property use: Retail
Floor area: 4m2
Price: Asking price $599,000
* Prime corner site at the intersection of Queen Street and Mayoral Dr with substantial exposure opportunity

* As a integral part of nearly completed 4 star points Sheraton Hotel project

* Multi-sector catchment with immediate surroundings like AUT, Aotea Square, Event Cinema Complex, Department store, Town Hall, and student accommodation

* Enjoying the massive volume of foot traffic of more than 10,000 mixed of local residents, workers and tourists

* Fully serviced with power and gas, marble flooring, white painted Gib cellings, walls, and light ready to be used by retailer.

* Sit back and enjoy the cash flow provided by the established cafe business with long term tenant, 5 year contract + 5 year renewal - contract until 2028, rented $24k (2018) + gst + opex and guaranteed yearly rental increase, being an secured tenanted investment opportunity.

Agency reference #: 1685581
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Asking price: $599,000
Listed: Tue 29 May, 10:40 am
Millie Liang
Bayleys Real Estate Ltd MREINZ, (Licensed: REAA 2008)
  • Contact details
  •  (09) 3758440
  •  (021) 968128

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Agent's details

Millie Liang
  •  (09) 3758440
  •  (021) 968128
Bayleys Real Estate Ltd MREINZ, (Licensed: REAA 2008)
(0800) 2295397
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Expires: Thu 29 Nov, 7:15 pm
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