Available PropertyFiles:

  • /A. Record of Title/
    • Kaipiho Lane 9 Unit G03 - 766003_Title.pdf
  • /B. Lease Documents/
    • Deed of Lease - JLF & Maidao.pdf
    • Maidao Rent April.pdf
  • /C. Information Memorandum/
    • Kaipiho Lane 9 Unit G03_Information Memorandum.pdf
  • /D. Body Corporate /
    • Body Corporate - G03-9 Kaipiho Lane.zip

Property Description

• Returning $99,465.00pa+ GST + Outgoings
• Established restaurant tenant with bank and personal guarantee
• Built in market and CPI rent review
• Approximately 148sqm of internal dining and kitchen space, plus 83sqm of exclusive outdoor seating
• Zoned in Business - Metropolitan Centre

Located directly beneath the Ramada Suites Albany Hotel, this fully leased restaurant offers investors a rare opportunity to secure a hospitality asset in one of Auckland's most dynamic mixed-use environments.
Positioned within the hotel's ground floor retail strip, the property benefits from steady foot traffic generated by hotel guests, nearby residents, and office workers. With Albany Bus Station just across the road and motorway access only minutes away, this location combines visibility, accessibility, and commercial vibrancy.

The premises comprise approximately 148sqm of internal dining and kitchen space, plus 83sqm of exclusive outdoor seating, ideal for capturing both daytime and evening trade. The fit-out is of a high standard, designed to support efficient operations and a welcoming customer experience. The wider complex offers 47 shared and ample onsite payable car parks, ensuring substantial customer access and reinforcing the property's appeal.

Currently returning $99,465.00pa+ GST + Outgoings, the property is tenanted by a well-established restaurant operator with proven commitment to the site. Trading as 1981 Noodle House, the tenant is a well-regarded Chinese restaurant offering hand-pulled Lanzhou-style noodles, located in Albany's busy Ramada retail hub. Known for its rich beef broth, freshly made noodles, and traditional preparation methods, the restaurant delivers an authentic taste of northwestern China in a clean, modern setting. Signature dishes include beef noodle soup, spicy Youpo noodles, and vegetarian options, all crafted with quality ingredients and attention to detail. With a loyal customer base and a second location in Newmarket, 1981 Noodle House contributes strong foot traffic and cultural appeal to the tenancy mix—making it a valuable, stable tenant for landlords and investors.

Albany continues to flourish, with major developments underway that will further elevate the area's commercial and residential appeal. This growth is driving strong demand for high-quality retail and apartment spaces. Well-positioned units like this are increasingly sought after by owner-occupiers, tenants, and investors who recognize the value of the location and have the capability to maximize its potential under the current zoning framework.

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1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
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Contact Steven Liu

Bayleys Real Estate Limited

Licenced under REA 2008

+64 21 808 579   steven.liu@bayleys.co.nz   All Listings

Steven Liu is an Associate Director at Bayleys Commercial North Shore and was the winner of the 'Richard Valintine' Spirit of Auction Award in 2021. Specialising in marketing campaigns for investment sales, commercial development sales, and leasing with a substantial database of investors and tenants.

With over 15 years of customer service and sales experience, he has established a trustworthy reputation among commercial clients in various industry fields. After Steven sold his successful entertainment and hospitality business in 2008, he was then employed by one of the Fortune Global 500 companies, where he gained rich experience in marketing, procurement, and business operating process control.

Highly efficient, hard-working, energetic, perfectionist who will always put you first. Target-driven and customer-focused are his slogans and dedicated and working smart are his attitudes. Steven is passionate about work and life, a big fan of bachata and salsa, toastmaster, and his planking record is 1 hour and 6 minutes.
Steven is available to chat with you on a 24/7 basis and is able to advise on every aspect of commercial development, sales, leasing, and marketing with great communication and a warm customer experience.