An outstanding opportunity presents itself in the heart of Auckland’s CBD. This 123.76sqm commercial property delivers a premium hospitality setup, supported by a quality long-term tenant and solid income stream. Featuring a full commercial kitchen, onsite bathrooms, and fully licensed premises with a proven trading history, this investment offers both security and appeal for savvy buyers.
• 123.76sqm of well-presented hospitality space (stratum in freehold)
• Fully leased to long-established Pocha Korean Restaurant & Bar
• Returning $80,500 pa + GST (if any)
• A fantastic hospitality investment or future owner-occupier opportunity
Currently tenanted by the popular Pocha Eatery, it is known for its delicious Korean cuisine and vibrant social drinking atmosphere. A long-established and successful tenant, it remains a popular local favourite, consistently busy and well-loved for its great food and lively, welcoming vibe.
The lease was recently renewed and runs until July 2027, with two further rights of renewal for two years each. This provides investors with confidence and stability, alongside potential for increased returns upon renewal.
Situated in a vibrant precinct surrounded by cafés, restaurants, retail, and professional services, the property benefits from excellent access to public transport and major public transport links. Its compact size, secure income stream, and prime location make this a standout investment.
A superb opportunity for both investors and future owner-occupiers. Call now to arrange an inspection!
