Lorne Street Opportunity Calling - Invest Now or Occupy Later
Unit C/4 Lorne Street, City Centre, Auckland CBD
Secure your position in one of Auckland CBD's most sought-after hospitality and retail precincts. Set on the vibrant Lorne Street and surrounded by well-established hospitality and retail operators, this well-proportioned 31sqm (more or less) unit is within easy walking distance of the universities, offering excellent street exposure and consistent year-round foot traffic.
The unit is home to a long-established hair salon, in continuous occupation since September 2011, currently returning a net rental of $51,408 + outgoings + GST per annum. The location benefits from a strong and growing catchment of both office workers and apartment residents. The rise of apartment and student living has reshaped City Central from a traditional 9-to-5 business district into a genuinely vibrant, round-the-clock city, bringing new energy and demand well beyond standard trading hours. With the City Rail Link nearing completion, Auckland Central is set to emerge as a leading global business and tourism hub and in preparation, Council has been undergoing major streetscape upgrade, delivering a safer, more connected, and more attractive CBD fringe.
This is an ideal opportunity for entry-level passive investors, or future owner-operators looking to secure a tightly held asset in a proven central-city location.
KEY FEATURES:
•Prime Lorne Street position within a high-foot-traffic retail strip
•Approximately 31sqm floor area
•Positioned to benefit from the growth driven by the soon-to-open CRL
•Annual net rent of $51,408 + GST
•Excellent accessibility and connectivity
Opportunities on this tightly held street rarely come to market. Don't miss your chance to secure a foothold in one of the CBD's most established dining and lifestyle laneways.
Contact us today to arrange your inspection or discuss your requirements.
