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CBD RETAIL UNIT - WELL PRESENTED AND READY TO GO

G20/396 Queen Street, Auckland Central

Retail Property
dollar

$385,000 Plus GST (if any)

Floor area
29m2
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Property details

Listing # 4045330 | Listed on 22 August 2024

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!

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