Available PropertyFiles:

  • /Certificate of titles/
    • 3269366-1.pdf
    • 3269367-1.pdf
  • /LIM Report/
    • Lim report - G5,396 Queen Street Auckland Central.pdf
    • Lim report - G6,396 Queen Street Auckland Central.pdf
  • /Property Files/
    • Unit G5.zip
    • Unit G6.zip

Property Description

· Two Freehold Titles with Three Proposed High Spec Retail Tenancies.
This portfolio comprises two premium freehold strata titles positioned in one of Auckland CBD's highest-demand corridors. Across these titles are three proposed retail tenancies designed to appeal to strong, service-driven operators. The flexibility of multiple tenancy options enhances rental resilience and diversification of income streams.

· Hands-Free, High-Yielding CBD Investment
The properties are structured to provide a fully net, low-maintenance investment. With tenants responsible for outgoings and minimal day-to-day management required, investors benefit from strong passive income in a blue-chip CBD location with long-term growth fundamentals.

· 25-Year Leaseback Options
Each tenancy offers the ability to secure a long-term 25-year leaseback (5+5+5+5+5), providing stability, predictable cashflow, and reduced leasing risk. This long duration tenancy structure is rare in central-city retail and provides exceptional security for both private and institutional investors.

· Design-Led Fit-Outs Delivered Prior to Settlement
All proposed tenancies will be fully fitted out by the vendor before settlement. These high-spec, design-led interiors ensure that the tenancies are market ready from day one, reduce capital expenditure for incoming purchasers, and help attract higher quality long-term operators.

· 6.5% Net Yield Across All Tenancies
The portfolio delivers an attractive 6.5% net return, significantly above typical CBD retail yields. With structured annual CPI rent reviews and scheduled market reviews, investors gain both strong initial cashflow and built-in income growth.

· Ideal for Passive Investors or Owner-Occupiers
The offering suits a wide range of purchaser profiles from investors seeking a secure, low effort, high performing CBD asset, to owner-occupiers wanting to establish their business in a premium location with the advantage of tailoring their space to match their brand.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Millie Liang

Bayleys Real Estate Ltd

Bayleys is New Zealand’s largest full-service real estate company.

09 375 8440   021 968 128   millie.liang@bayleys.co.nz   All Listings

With 10 years specializing in full spectrum of commercial sales & leasing and business sales, Millie has built an extensive network of buyers and vendors and continues to achieve outstanding sales and leasing results — achieving Bayleys Real Estate Ltd award #1 - Most Commercial Sales & Leasing Deals Settled - for 2012, 2013, 2014 and 2015.

Millie has always dedicated to providing the most professional, insightful and customized solutions for her clients, ranging from peddlers to large chain businesses, covering all trades and professions such as clothing, fashion accessories, computer/electronics, health and beauty, Asian supermarkets, tertiary education, food & entertainment hospitality and professional firms.

Confidence in English, Mandarin and Cantonese allows Millie to understand the needs of clients deeply and precisely and make a profound and comprehensive explanation about the properties.

Millie has established a large Chinese clients’ database that adds value continuously.