RARE CBD INVESTMENT WITH OVER 6% YIELD

Property listing ID: 87906

Floor area
163m²
Price / method
For sale by negotiation

Fully leased restaurant returning $65,000 per annum net + GST • Established hospitality tenant, lease commenced in November 2022 for four years with two further rights of four years. Annual CPI rent review from 1 November 2024, with market rent review on renewals • Affordable entry-level commercial property, approximately 163m². Includes a commercial kitchen, dining area, serving counter, and storage space • Motivated vendor wants this sold - they will meet the market • Adjacent to Albert Park, The University of Auckland, Auckland Art Gallery, and Victoria Street Carpark Acquiring a piece of Auckland's bustling CBD at this price point is rare. Contact us today to arrange an inspection and secure this promising investment.

Listed by Barfoot & Thompson , Jane Tang (City Commercial)