1/194 Victoria Street West, Auckland Central Secure CBD investment with work/live capability

Available PropertyFiles:

  • /Body Corporate Documents /
    • Body Corporate documents.zip
  • /Lease Documents/
    • Leases.zip
  • /Other/
    • Other.zip
  • /Property Files/
    • Property File.zip

Property Description

•Prominent split-risk, mixed-use freehold investment with 2 car parks
•Fully leased returning net $62,000pa + GST
•Levels 1 and 2 consented for residential apartment use
•High-profile CBD location in close proximity to Les Mills Gym, Victoria Park, SkyCity and the Sky Tower

A rare opportunity to acquire a prominent mixed-use property in Auckland CBD. This well-maintained three-level unit comprises ground floor retail occupied by Xplosiv Supplements, with Levels 1 and 2 leased to Resonate EMS Training. The split-risk tenancy profile provides diversified income security. Levels 1 and 2 are consented for residential use, benefitting from an existing kitchen and bathroom. This offers the benefit of future residential apartment or work/live potential, enabling the future owner to capitalise on the property's prime central location.

194 Victoria Street West benefits from dual access via Victoria Street West and Wellesley Street West. The property is situated circa 500m from Les Mills Gym, Victoria Park, Sky Tower, SkyCity and Te Waihorotiu Train Station, and is located close to key education institutions serving the CBD.

An attractive proposition for investors seeking an affordable and secure investment complemented by the flexibility of residential apartment or work/live use.

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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 Matt Lee

Bayleys Real Estate Ltd

Licensed REAA 2008

09 375 8424   021 1515 505   matt.lee@bayleys.co.nz   All Listings

Matt Lee is a Senior Commercial Broker focused on Development, Commercial Sales and Leasing.

Joining the Real Estate Industry with Bayleys in 2013, Matt was quick to exhibit and develop strong Real Estate brokerage knowledge and skills, as a key part of Bayleys highly successful International Sales Team working closely with James Chan, Bayleys first salesperson to achieve $1 billion in transactions. Specialising in the Commercial sector, Matt was involved in a significant level of Standalone and Unit Title sales and leases all throughout the Auckland region, and in 2020 was promoted to the position of Senior Broker.

From 2021 to 2022, Matt focused on the Development and Project Marketing sector, heading up the Project Marketing Division for a global real estate brand, marketing and selling projects with a combined market value of over $500 million across New Zealand, from development sites, terrace housing, apartments through to sections, and leading a team of 15 specialised project marketing agents.

Returning home to Bayleys in August 2022, has developed a strong understanding of both the local and global markets. Together with Bayleys and their market-leading resources, Matt has his finger on the pulse of real estate property trends and developments, ensuring opportunities are maximised and clients’ assets and expectations are surpassed. A product of the highly regarded University of Auckland, Matt graduated with a conjoint Bachelor of Property and Bachelor of Commerce (with a double major in Marketing and Management) degree. Influenced by his Chinese heritage, Matt values integrity, respect, dedication, hard work and diligence, and he has that willingness to go that extra mile to ensure successful results for his clients.


Contact Quinn Ngo

Bayleys Real Estate Ltd

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

09 375 7439   021 888 378   quinn.ngo@bayleys.co.nz   All Listings

Having joined Bayleys in Spring 2004 after a successful eight years in Residential Sales, Quinn has developed excellent brokerage experience and skills. Through the eight years of sales, he has built up a strong Asian client database and extensive network in the Asian community.
Quinn has been with Bayleys over eight years, he has involved in numerous campaigns and projects such as the recent successful auction of Lincoln North Shopping Centre and Westgate Shopping Centre; he is also specialized on Retail investment such as Dominion Road and Auckland CBD, which he consistently achieving satisfactory results for vendors. His strength is being able to provide excellent and consistent services to clients.
Quinn is proficient in numerous languages namely, English, Mandarin and Cantonese. Having completed the Bachelor of Science in the University of Auckland, Quinn has developed meticulous analytical skills.