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Stunning Queen Street Laundromat – 6.5% Net Yield

Shop 5/396 Queen Street, Auckland Central

Retail Property
dollar

$1,150,000 Plus GST (if any)

Floor area
61m2
Title type
Unit Title
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Property details

Listing # 16910316 | Listed on 21 November

Secure, Design-Led Investment in Auckland’s CBD Heart
A brand-new, premium laundromat located in the prestigious 396 Queen Street building is now available for sale, offering a 6.5% net yield through a secure leaseback arrangement.
This turnkey investment returns $75,000 + outgoings + GST per annum, providing immediate income in one of Auckland’s most high-demand urban locations.
Investment Highlights
•Net Yield: 6.5%
•Lease Term: 25 years total (5 + 5 + 5 + 5 + 5 years)
•Rent Reviews: Annual CPI adjustments, with market rent reviews every 5 years
•Lease Type: Fully net lease, minimal management, maximum certainty
Prime Queen Street Location
Perfectly positioned beneath the Four Points by Sheraton Hotel, next to the Scenic Hotel, and surrounded by apartments and corporate offices, this laundromat enjoys:
•Consistent local and tourist demand
•Exceptional street visibility and daily foot traffic
•A strong, recurring customer base from nearby residents, professionals, and hotel guests
This unbeatable CBD position ensures year-round, reliable income performance.
Premium, Design-Led Fit-Out
Every detail of this laundromat has been thoughtfully curated to create a modern, minimalist, and inviting environment — elevating the customer experience beyond the traditional laundry model.
Highlights include:
•Contemporary Ambience: Neutral walls, soft lighting, and a clean, calming atmosphere.
•Luxury Materials: Polished marble and terrazzo flooring — sophistication rarely seen in laundromats.
•Elegant Detailing: From finishes to furnishings, every element combines comfort with design integrity.
Comfort & Convenience
•Chill-Out Lounge: A long, upholstered bench offers a comfortable waiting space.
•Private Changing Rooms: Dark-green curtains and warm lighting create a sense of privacy and refinement.
•24/7 Access: Designed for the rhythm of modern city living, providing customers with around-the-clock convenience.
State-of-the-Art Laundry Facilities
•High-Capacity Equipment: Sleek, energy-efficient washers and dryers seamlessly integrated within timber-accented cabinetry.
•Functional Layout: Spacious walkways, built-in folding benches, and efficient circulation for peak-hour comfort.
•Smart Design Flow: A carefully considered layout enhances both user comfort and operational efficiency.
A Benchmark for Modern Laundry Retail
This is more than just a laundromat — it’s a design-led retail experience redefining convenience and style in the CBD.
Whether you’re a savvy investor seeking a long-term, low-maintenance income asset, or an owner-operator looking to step into a ready-made, high-visibility business, this opportunity represents exceptional value and quality.
Contact Millie Liang today to receive the full investment information memorandum and leaseback details.

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