Secure a rare and sought after investment in the heart of Auckland's CBD dining precinct. 1/8 Lorne Street offers a fully fitted restaurant premises with a secure lease in place, giving investors as well as future owner occupiers income stream with built-in rental growth. Lorne Street has long been one of the CBD's most popular dining destinations. With the City Rail Link now open, the precinct is set to benefit from more activities and stronger patronage.
Prime connectivity to the University of Auckland, AUT, Auckland Central Library, Saint James Theatre, the Art Gallery, major corporate headquarters, public transport and key arterial routes.
Property Highlights
• Proven destination with strong tenant demand and minimal vacancy
• $120,000 pa net rental starting from 1 November 2026 plus OPEX and GST
• Fixed annual rental increases of 2.5%
• Suits an investor adding to a portfolio, or a future owner-occupier who wants a turnkey premises
A rare opportunity to own a well-located freehold asset with immediate cash flow and growth potential. Call the team today to inspect or request further information.
