- Freehold, iconic character CBD investment
- Fully leased returning $264,000pa + GST with 12 year lease to anchor tenant
- Unrivalled Vulcan Lane location, just metres from Queen Street
- A trophy asset in a tightly held precinct
A unique opportunity to purchase a beautiful, trophy, character CBD building. The property is positioned in the heart of the Auckland CBD and is surrounded by a rich range of amenities that the central city offers. Queen Street, High Street, Commercial Bay and Britomart are all just a short walk away.
This iconic building, known as the Queen Ferry Hotel building, is home to multiple high performing tenants, returning a total of $264,000pa + GST, anchored by a 12 year lease to the popular ‘Queens Ferry’ Bar and Restaurant. The property is well presented throughout having undergone tasteful refurbishments of each of the tenancies in recent times, whilst maintaining the classical features of this iconic character building.