Units 1 & 2, 159 Gorge Road National brand tenant in prime position

Available PropertyFiles:

  • COT - 8641 - Unit 1-159 Gorge Road.pdf
  • COT - 8642 - Unit 2-159 Gorge Road.pdf
  • Deed of Lease Units 1 & 2 159 Gorge Road.pdf

Property Description

Units 1 and 2/159 Gorge Road, Queenstown

• Two adjoining commercial units measuring a total floor area of 220sqm (more or less)
• Fully leased to a national brand music equipment retailer, Rockshop, returning $70,445 (plus GST, if any)
• Located in a prime position at the entrance to the Gorge Road Centre with frontage onto Gorge Road
• Strategic commercial position with convenient access to the Queenstown CBD

Units 1 and 2, 159 Gorge Road provides a secure investment opportunity in a highly desirable location. The units are leased to a national brand music equipment retailer, Rockshop, that boasts thirty (30) retail stores nationwide. Currently returning $70,445 (plus GST, if any) and leased on a three-year lease term with a final expiry in February 2031, investors will benefit from alternating annual CPI and market rent reviews.

Strategically positioned at the entrance to the Gorge Road Centre, with exposure to passing traffic underpinning the long-term desirability of the property. The offering comprises two adjoining units measuring a combined total floor area of 220sqm (more or less) and configured as a single retail showroom with rear storage and amenities. The tenant also benefits from ample allocated car parking and excellent signage opportunities.

This affordable investment provides a secure tenant covenant and prime position within the complex, which all investors should consider.

To be sold by Auction (unless sold prior), at 11am, Friday the 10th April 2026.

For further information, please contact :

William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz

Henry Napier
+64 21 024 64785
henry.napier@bayleys.co.nz

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Contact Henry Napier

Queenstown and Southern NZ Realty Ltd

Licensed REAA 2008

+64 3 450 0200   +64 21 024 64785   henry.napier@bayleys.co.nz   All Listings

Henry Napier is an Associate Director at Bayleys Queenstown and Cromwell specialising in Commercial, Industrial and Development Land sales.

Since joining Bayleys in 2016, Henry has transacted over $100m worth of commercial, industrial, and development land assets throughout New Zealand.

He now specialises in investment and development land sales equipped with a deep knowledge of the intricacies of the Queenstown and wider Central Otago market.

This blend of experience and results has produced a notable track record of record prices and yields and a reputation for being able to conclude complex and challenging transactions.

Covering commercial, industrial, development land, master planned developments, sales & leasing. If you have property requirements in these categories, get in touch with Henry.