Commercial
More from realestate.co.nz:
Agents News

Lorne Street Opportunity: Invest or Occupy Later

4C Lorne Street, Auckland Central

Retail Property
dollar

Negotiation

Floor area
31m2
Title type
Unit Title
On this page:

Map

Property details

Listing # 1781344 | Listed on 15 July

Lorne Street Opportunity Calling - Invest Now or Occupy Later
Unit C/4 Lorne Street, City Centre, Auckland CBD

Secure your position in one of Auckland CBD's most sought-after hospitality and retail precincts. Set on the vibrant Lorne Street and surrounded by well-established hospitality and retail operators, this well-proportioned 31sqm (more or less) unit is within easy walking distance of the universities, offering excellent street exposure and consistent year-round foot traffic.

The unit is home to a long-established hair salon, in continuous occupation since September 2011, currently returning a net rental of $51,408 + outgoings + GST per annum. The location benefits from a strong and growing catchment of both office workers and apartment residents. The rise of apartment and student living has reshaped City Central from a traditional 9-to-5 business district into a genuinely vibrant, round-the-clock city, bringing new energy and demand well beyond standard trading hours. With the City Rail Link nearing completion, Auckland Central is set to emerge as a leading global business and tourism hub and in preparation, Council has been undergoing major streetscape upgrade, delivering a safer, more connected, and more attractive CBD fringe.

This is an ideal opportunity for entry-level passive investors, or future owner-operators looking to secure a tightly held asset in a proven central-city location.

KEY FEATURES:
•Prime Lorne Street position within a high-foot-traffic retail strip
•Approximately 31sqm floor area
•Positioned to benefit from the growth driven by the soon-to-open CRL
•Annual net rent of $51,408 + GST
•Excellent accessibility and connectivity

Opportunities on this tightly held street rarely come to market. Don't miss your chance to secure a foothold in one of the CBD's most established dining and lifestyle laneways.

Contact us today to arrange your inspection or discuss your requirements.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy statement.