Platinum Partner
Listing Description
Listed: Thu, 23 Jul
CBD RETAIL UNIT - WELL PRESENTED AND READY TO GO
G20/396 Queen Street, City Centre, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Property ID# | AED832 |
| Agency reference | 4045330 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149727451&sellerId=0 |
Description
A rare opportunity to secure a fully fitted Freehold retail unit right in the heart of Auckland’s CBD.
Located at the busy intersection of Queen Street and Mayoral Drive, this 29m² shop enjoys constant foot traffic from university students, office workers, and tourists alike.
Recently refurbished and thoughtfully laid out, the premises includes:
- One shampoo basin
- Three modern salon chairs
- Three LED mirrors
- Custom cabinetry, new flooring, and lighting
This property is offered on a Freehold strata title with low body corporate levies and council rates, making it a cost-effective investment. Licensing requirements are straightforward, with the premises having successfully operated as a salon for many years. The estimated rental return is $25,000 per annum, representing an attractive yield of approximately 6.5%. Perfect for investors wanting a simple, ready-to-rent asset, or for owner-operators seeking a compact, professional space without the hassle of fitout costs.
Quality freehold shops in this part of Queen Street rarely come up for sale; this one won’t last long!