Available PropertyFiles:

  • /Body Corporate Documents /
    • Body Corp.zip
  • /Certificate of titles/
    • title_308995.pdf
  • /LIM Report/
    • Lim report - 1,8 Lorne Street, Auckland Central.pdf
  • /Lease Documents/
    • Tenant Counter Lease agreement (07.08)- Lorne St, 8, Unit 1 (AWF2022 Ltd).pdf

Property Description

Leased, Fully Fitted, CBD Prime

Secure a rare and sought after investment in the heart of Auckland's CBD dining precinct. 1/8 Lorne Street offers a fully fitted restaurant premises with a secure lease in place, giving investors as well as future owner occupiers income stream with built-in rental growth. Lorne Street has long been one of the CBD's most popular dining destinations. With the City Rail Link now open, the precinct is set to benefit from more activities and stronger patronage.

Prime connectivity to the University of Auckland, AUT, Auckland Central Library, Saint James Theatre, the Art Gallery, major corporate headquarters, public transport and key arterial routes.

Property Highlights

• Proven destination with strong tenant demand and minimal vacancy
• $120,000 pa net rental starting from 1 November 2026 plus OPEX and GST
• Fixed annual rental increases of 2.5%
• Suits an investor adding to a portfolio, or a future owner-occupier who wants a turnkey premises

A rare opportunity to own a well-located freehold asset with immediate cash flow and growth potential. Call the team today to inspect or request further information.

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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 Karen Yung

Karen Yung

C&I Broker, Asian Markets

09 309 6020   022 187 3878   karen.yung@bayleys.co.nz   All Listings

Born in Hong Kong, raised and educated in New Zealand. After graduating from the University of Auckland, she went aboard and has worked for a number of listed property developer in Hong Kong and has first-hand appreciation of the challenges before concluding a successful deal amidst various economic situation. Karen has acquired more than a decade of retail leasing experiences which has enabled her to accumulate valuable business and brand networks as well as insightful Asia market knowledges. Determined, agile and gritty are just some of the hallmarks of Karen. She is multilingual, speaking fluent English, Cantonese and Mandarin. Passionate toward serving clients of all ethnicities and leveraging off her established connections and networks locally and internationally, she is determined to deliver unparalleled customer service and results. She is humbled to work alongside the industry’s top performers in Bayleys and Karen brings to her role a proactive and enthusiastic approach while making it her business to understand her client requirements and expectations. Karen’s strong communication, negotiation and influencing skills along with her ability to find creative and conducive solutions for clients, puts her in good stead for her role in commercial property and she looks forward to assisting her clients in achieving their property and investment ambitions every step of the way.