Two proposed retail tenancies under a single freehold title, a Luxury Massage & Wellness Studio and a Premium Cafe, delivering combined net income of $62,000 + outgoings + GST p.a. (net)
Located within the prestigious 396 Queen Street complex, directly beneath Four Points by Sheraton Hotel and beside Scenic Hotel Auckland, this fully fitted property offers two quality leasebacks, providing secure, diversified income from day one.
Investment Highlights
•Freehold title comprising two separate tenancies, Massage & Wellness Studio and Premium Café
•Total net rental: $62,000 + outgoings + GST per annum
•Net yield: 6.5%
•Lease terms: 25 years total (5 + 5 + 5 + 5 + 5 years for each tenancy)
•Rent reviews: Annual CPI adjustments + market reviews every 5 years
•Leaseback structure: Guaranteed rental income from completion
•All proposed new, design led fit-outs to be built by the vendor prior to settlement and be delivered to premium specifications
Tenancy 1: Proposed Luxury Massage & Wellness Studio
A high end, purpose built wellness retreat featuring warm neutral tones, marble look flooring, and natural timber finishes.
•Annual Rent: $38,000 + outgoings + GST
•Calming, elegant interior designed for relaxation and privacy
•Ideal long-term tenant in Auckland’s growing health & wellness sector
Tenancy 2: Proposed Premium Cafe
A modern cafe designed for brand impact and operational efficiency, finished with terrazzo counters, brass accents, and custom timber joinery.
•Annual Rent: $24,000 + outgoings + GST
•Guaranteed delivery of a complete, high-spec fit out
•Prime Queen Street exposure capturing hotel guests, tourists, residents, and professionals
Unbeatable Queen Street Location
•Beneath major international hotels (Four Points by Sheraton & Scenic Hotel)
•Constant foot traffic from residents, tourists, and office workers
•Surrounded by Auckland’s top retail, hospitality, and accommodation operators
Your Opportunity
This is a hands free, high yielding CBD investment combining strong income security, long lease terms, and outstanding design quality, all under one freehold title. Design led fit outs delivered by vendor prior to settlement.
A perfect choice for both passive investors and buyers seeking a low maintenance, high-calibre addition to their portfolio.
