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RARE CBD INVESTMENT WITH OVER 6% YIELD

B/22-24 Kitchener Street, Auckland Central

Retail Property
dollar

Negotiation

Floor area
163m2
On this page:

Map

Property details

Listing # 87906 | Listed on 1 April 2022

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.

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