• Prime Lorne Street location with Queen Street address
• Strong pedestrian exposure and excellent accessibility
• Leased to well known Chinese restaurant Best Chef
• Secure lease expiring 30 November 2029
• Unit M2 rooftop billboard unit title, future supplementary advertising income potential
In addition to the secure rental income generated from the ground floor retail tenancy, the package includes Unit M2, a standalone unit title for the rooftop billboard asset, delivering an opportunity to unlock supplementary advertising revenue atop this prominent CBD high rise building, with direct exposure towards Upper Queen Street.
Billboard key facts (Unit M2):
• Body Corporate written administrative confirmation confirming Unit M2 is permitted for billboard use, and all advertising revenue derived from the billboard accrues exclusively to the registered owner.
• Any new billboard installation is subject to Auckland Council resource consent, building consent, and Body Corporate requirements.
With a proven restaurant tenant, strategic CBD positioning, plus the option to develop the separate M2 billboard unit title for future advertising returns, this represents an outstanding opportunity to acquire a secure income producing asset with meaningful upside potential within tightly held central Auckland.
