Queen Street corner shop for sale

City Centre, Auckland City

$599,000

Proposed Usage
Retail
Floor Area
4.70 m²
Description:
Property ID
1c22b0b

* Prime corner site at the intersection of Queen Street and Mayoral Dr with substantial exposure opportunity

* As a integral part of nearly completed 4 star points Sheraton Hotel project

* Multi-sector catchment with immediate surroundings like AUT, Aotea Square, Event Cinema Complex, Department store, Town Hall, and student accommodation

* Enjoying the massive volume of foot traffic of more than 10,000 mixed of local residents, workers and tourists

* Fully serviced with power and gas, marble flooring, white painted Gib cellings, walls, and light ready to be used by retailer.

* Sit back and enjoy the cash flow provided by the established cafe business with long term tenant, 5 year contract + 5 year renewal - contract until 2028, rented $24k (2018) + gst + opex and guaranteed yearly rental increase, being an secured tenanted investment opportunity.
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City Centre Area