Units 1 and 2/159 Gorge Road, Queenstown
• Two adjoining commercial units measuring a total floor area of 220sqm (more or less)
• Fully leased to a national brand music equipment retailer, Rockshop, returning $70,450 net p.a.
• Located in a prime position at the entrance to the Gorge Road Centre with frontage onto Gorge Road
• Strategic commercial position with convenient access to the Queenstown CBD
Units 1 and 2, 159 Gorge Road provides a secure investment opportunity in a highly desirable location. The units are leased to a national brand music equipment retailer, Rockshop, that boasts thirty (30) retail stores nationwide. Currently returning $70,450 net p.a. and leased on a three-year lease term with a final expiry in February 2031, investors will benefit from alternating annual CPI and market rent reviews.
Strategically positioned at the entrance to the Gorge Road Centre, with exposure to passing traffic underpinning the long-term desirability of the property. The offering comprises two adjoining units measuring a combined total floor area of 220sqm (more or less) and configured as a single retail showroom with rear storage and amenities. The tenant also benefits from ample allocated car parking and excellent signage opportunities.
This affordable investment provides a secure tenant covenant and prime position within the complex, which all investors should consider.
To be sold by Auction (unless sold prior), at 11am, Friday the 10th April 2026.
For further information, please contact :
William Gubb
+64 21 145 6811
[email protected]
Henry Napier
+64 21 024 64785
[email protected]
