Property listing ID: 4045330
A rare opportunity to secure a fully fitted Freehold retail unit right in the heart of Auckland’s CBD. Located at the busy intersection of Queen Street and Mayoral Drive, this 29m² shop enjoys constant foot traffic from university students, office workers, and tourists alike. Recently refurbished and thoughtfully laid out, the premises includes: • One shampoo basin • Three modern salon chairs • Three LED mirrors • Custom cabinetry, new flooring, and lighting This property is offered on a Freehold strata title with low body corporate levies and council rates, making it a cost-effective investment. Licensing requirements are straightforward, with the premises having successfully operated as a salon for many years. The estimated rental return is $25,000 per annum, representing an attractive yield of approximately 6.5%. Perfect for investors wanting a simple, ready-to-rent asset, or for owner-operators seeking a compact, professional space without the hassle of fitout costs. Quality freehold shops in this part of Queen Street rarely come up for sale; this one won’t last long!
Listed by Barfoot & Thompson , Jane Tang (City Commercial)