50 Queen Street, Waiuku Landmark property - invest, occupy, or add-value

Available PropertyFiles:

  • /LIM Report and Auckland Council Property Files/
    • LIM Report.pdf
    • PropertyFiles.zip
  • /Lease Documents/
    • ATM Lease - 50 Queen - signed.pdf
  • /Reports/
    • 6881_Waiuku (Heritage brochure).pdf
    • Asbestos Management Plan.pdf
    • Building WOF forms 12&12a.PDF
    • Email re Historic note - 50 Queen St Waiuku.pdf
    • Maintenance History_ASSA ABLOY Entrance Systems_Feb 2018.pdf
    • Maintenance History_ASSA ABLOY Entrance Systems_Jun 2018.pdf
    • Maintenance History_HVAC January 2018.pdf
    • Maintenance History_Split Systems Ait Conditioning Unit.pdf

Property Description

Key features
• A+ Seismic (IEP) Rating
• High-profile freehold corner site
• Current rent, plus potential rent (when fully-leased) of $110,000pa + GST

Step into a rare opportunity to own a piece of Waiuku's history in this prominent, character-filled building, positioned in the heart of the township. Originally established as a bank in 1920, the property at 50 Queen Street has undergone significant upgrades, including a comprehensive structural enhancement by ANZ in 1993.

Sitting proudly on a 577sqm (more or less) freehold corner site, the building spans approximately 425sqm (approximately) over two titles and offers excellent street presence and accessibility. The classic facade nods to the building's heritage, while the interior provides a flexible layout suitable for a wide range of commercial uses.

The basement is currently leased to ASB Bank, housing an ATM on a secure lease through to 2030, including annual 3% rental increases, generating a steady income of $30,900pa + GST. The main street-level floor is currently vacant, presenting an outstanding opportunity for an owner-occupier or investor to unlock additional income or redevelop for retail, hospitality, office, or professional service use.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.


Contact Mike Hook

Bayleys Real Estate Limited

Licensed REAA 2008

+64 9 271 7260   +64 27 332 2495   mike.hook@bayleys.co.nz   All Listings

In the highly-competitive world of commercial real estate, success requires a specific blend of attributes. Those attributes include local knowledge, natural instinct, a mind for numbers and exceptional negotiation skills. Mike Hook possesses all of these, and more.

Having graduated from university with a Bachelor of Commerce – majoring in Valuation and Property Management – Mike’s ability to ‘crunch the numbers’ creates a significant advantage for his clients, enabling him to recognise opportunities other agents often overlook.

He also spent more than six years as a member of the New Zealand Police, working primarily in South Auckland. During his tenure in law enforcement he developed an innate ability to connect and negotiate with people from all walks of life, in all manner of situations.

While others in the industry focus on volume, Mike concentrates on results, taking on only those listings which he knows he can give his undivided attention to. As a consequence, he invariably develops closer relationships with his clients, and helps them achieve better outcomes.

Having lived in and around Pukekohe for the best part of four decades, Mike knows the local area like the back of his hand. He’s incredibly excited about the potential for growth the region holds, particularly in the commercial, retail, office and industrial warehousing space.

Away from work you’ll find Mike playing hockey for Waiau Pa or contributing to the Pukekohe Business Association on behalf of Baby On The Move Pukekohe, a local business owned and operated by his wife.

If you’d like to partner with a commercial property expert who boasts a broad skillset and a proven track record, contact Mike Hook today on 0273322495.