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Lorne street retail + billboard income potential

M2, C7 and/300 Queen Street, Auckland Central

Retail Property
gavel

Auction

Floor area
95m2
Title type
Unit Title
On this page:

Auction

Wednesday
11:00am
Bayleys House, 30 Gaunt Street, Auckland Central
09
Sep

Map

Property details

Listing # 1781414 | Listed on 5 August
  • Prime Lorne Street location with Queen Street address
  • Strong pedestrian exposure and excellent accessibility
  • Leased to well-known Chinese restaurant Best Chef
  • Secure lease expiring 30 November 2029
  • Potential additional income from rooftop billboard signage

In addition to the secure rental income from the ground floor tenancy, investors may benefit from the opportunity to generate supplementary advertising income from the prominent Queen Street facing billboard. Positioned on a high-rise building in the heart of Auckland CBD, the billboard enjoys outstanding visibility and offers attractive future income potential, subject to the relevant agreements and regulatory requirements.

With a proven tenant, strategic positioning, and limited availability of quality CBD retail investments, this property represents an outstanding opportunity to acquire a secure income-producing asset with potential for future revenue growth.

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