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Auckland Central

22A Kitchener Street, Auckland Central, Auckland

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60sqm Floor area

CBD Investment opportunity with rental upside


• Central city location close to the university
• 60sqm (approximately) ground-floor retail
• Established cafe tenant
• Realistic Vendor is committed to sell
• Flexible settlement, take advantage of falling interest rates
• Established tenant has extended lease term and agreed 2025 rental


With a floor area of 60sqm (approximately), this well-located cafe enjoys peaceful views towards Albert Park. The cafe is very appealing with it's brick-feature walls, large window looking towards the park, and some outdoor seating.

This is a perfect opportunity to acquire an entry-level investment with an established tenant offering both immediate returns and future growth potential. The area is undergoing an upgrade and the CRL in Wellesley Street will be very convenient once open.

There is car parking available nearby as well as on-street parking on Kitchener Street. The property's strategic location provides easy access to public transport and motorway systems. Take advantage of this opportunity to own your retail investment in the tightly-held CBD.

Call now to book an inspection!

Jill Downie
+64 21 448 777
jill.downie@bayleys.co.nz

For Sale by Negotiation
Jill Downie

Jill Downie

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Location


Central city location close to the university

Floor area details


60sqm (approximately) ground-floor retail

Available


Realistic Vendor is committed to sell

Opportunity


Flexible settlement, take advantage of falling interest rates