Hidden Jewel on Queen Street
Basement Unit B/239, Queen Street, City Centre, Auckland City
- Proposed Usage
- Floor Area
- 600.00 m²
- Auction Date
- 11:00 - Aug 08, 2018
- Property ID
- Large basement unit title CBD investment opportunity
- 600sqm with new quality refurbishment and upgrade
- Brand new eight year lease from March 2018
- Returning net $168,000pa + GST
- Rent increased 2% annually
A distinctive multi-glass facade is a feature of the well-known Mid City Centre, situated in the heart of Auckland CBD. In early 2018, the basement property completed an extensive refurbishment project, upgrading the space to a high standard.
This strong demographic area attracts university students, professionals and tourists. Surrounded by corporate offices, retail, eateries and services.
This is an exceptional opportunity to purchase a solid long term investment with fixed annual rental income increases, located at the heart of Auckland City..