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Prime Albany restaurant investment

G03/9 Kaipiho Lane, Albany

Retail Property
dollar

Deadline Sale

Floor area
148m2
Title type
Unit Title
On this page:

Deadline sale

Thursday
4:00pm
30
Oct

Map

Property details

Listing # 1506950 | Listed on 11 September
  • Returning $99,465.00pa+ GST + Outgoings
  • Established restaurant tenant with bank and personal guarantee
  • Built in market and CPI rent review
  • Approximately 148sqm of internal dining and kitchen space, plus 83sqm of exclusive outdoor seating
  • Zoned in Business - Metropolitan Centre

Located directly beneath the Ramada Suites Albany Hotel, this fully leased restaurant offers investors a rare opportunity to secure a hospitality asset in one of Auckland’s most dynamic mixed-use environments.
Positioned within the hotel’s ground floor retail strip, the property benefits from steady foot traffic generated by hotel guests, nearby residents, and office workers. With Albany Bus Station just across the road and motorway access only minutes away, this location combines visibility, accessibility, and commercial vibrancy.

The premises comprise approximately 148sqm of internal dining and kitchen space, plus 83sqm of exclusive outdoor seating, ideal for capturing both daytime and evening trade. The fit-out is of a high standard, designed to support efficient operations and a welcoming customer experience. The wider complex offers 47 shared and ample onsite payable car parks, ensuring substantial customer access and reinforcing the property's appeal.

Currently returning $99,465.00pa+ GST + Outgoings, the property is tenanted by a well-established restaurant operator with proven commitment to the site. Trading as 1981 Noodle House, the tenant is a well-regarded Chinese restaurant offering hand-pulled Lanzhou-style noodles, located in Albany’s busy Ramada retail hub. Known for its rich beef broth, freshly made noodles, and traditional preparation methods, the restaurant delivers an authentic taste of northwestern China in a clean, modern setting. Signature dishes include beef noodle soup, spicy Youpo noodles, and vegetarian options, all crafted with quality ingredients and attention to detail. With a loyal customer base and a second location in Newmarket, 1981 Noodle House contributes strong foot traffic and cultural appeal to the tenancy mix—making it a valuable, stable tenant for landlords and investors.

Albany continues to flourish, with major developments underway that will further elevate the area's commercial and residential appeal. This growth is driving strong demand for high-quality retail and apartment spaces. Well-positioned units like this are increasingly sought after by owner-occupiers, tenants, and investors who recognize the value of the location and have the capability to maximize its potential under the current zoning framework.

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