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LONG-TERM LEASE – MARKET YIELD!

9G/38 Khyber Pass Road, Grafton

Retail Property
gavel

Auction

Floor area
123m2
On this page:

Auction

Wednesday
10:00am
34 Shortland Street, Auckland City
06
May

Property details

Listing # 4105516 | Listed on 10 April

Auction: 34 Shortland Street, Auckland City on Wednesday 6 May 2026 at 10:00AM (unless sold prior)

• Returning $57,222 net per annum + GST

  • Long-term lease with fixed annual increases
  • Strategically located in the Uptown Precinct
  • Architecturally designed by Cheshire Architects

Secure a high-calibre investment in the heart of the Uptown Precinct. This 123.9m² freehold ground floor unit boasts exceptional street profile and includes a secure basement car park. Currently fully leased to the established 'Alter Me' bridal studio, the property offers a long-term tenure with over five years remaining on an initial eight-year term.

Returning $57,222 net per annum + GST, the lease features fixed annual increases, ensuring guaranteed rental growth. Situated in the prestigious Chesire Architects-designed SKHY development, the site sits just off the Symonds Street and Khyber Pass corner. Investors will benefit from the proximity to the CBD, Newmarket, and the upcoming Mt Eden CRL station. A premium, low-maintenance addition to any portfolio.

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