Shop 5/396 Queen Street, Auckland Central, Auckland

Queen Street Laundromat 6.5% Net Yield

Secure, Design Led Investment in Auckland's CBD Heart
A design led laundromat tenancy with a 25-year lease, delivering a 6.5% net yield.
This turnkey investment returns $75,000 + outgoings + GST per annum, providing immediate income in one of Auckland's most high-demand urban locations.
Investment Highlights
•Net Yield: 6.5%
•Lease Term: 25 years total (5 + 5 + 5 + 5 + 5 years)
•Rent Reviews: Annual CPI adjustments, with market rent reviews every 5 years
•Lease Type: Fully net lease, minimal management, maximum certainty
Prime Queen Street Location
Perfectly positioned beneath the Four Points by Sheraton Hotel, next to the Scenic Hotel, and surrounded by apartments and corporate offices, this laundromat enjoys:
•Consistent local and tourist demand
•Exceptional street visibility and daily foot traffic
•A strong, recurring customer base from nearby residents, professionals, and hotel guests
This unbeatable CBD position ensures year-round, reliable income performance.
Proposed Premium, Design Led Fit-Out
The fitout is proposed and to be built by the vendor prior to settlement, offering the opportunity to create a modern, minimalist, and inviting environment that elevates the customer experience beyond a traditional laundromat.
Highlights include:
•Contemporary Ambience: Neutral walls, soft lighting, and a clean, calming atmosphere.
•Luxury Materials: Polished marble and terrazzo flooring, sophistication rarely seen in laundromats.
•Elegant Detailing: From finishes to furnishings, every element combines comfort with design integrity.
Comfort & Convenience
•Chill Out Lounge: A long, upholstered bench offers a comfortable waiting space.
•Private Changing Rooms: Dark-green curtains and warm lighting create a sense of privacy and refinement.
•24/7 Access: Designed for the rhythm of modern city living, providing customers with around-the-clock convenience.
State of the Art Laundry Facilities
•High Capacity Equipment: Sleek, energy-efficient washers and dryers seamlessly integrated within timber-accented cabinetry.
•Functional Layout: Spacious walkways, built-in folding benches, and efficient circulation for peak hour comfort.
•Smart Design Flow: A carefully considered layout enhances both user comfort and operational efficiency.
A Benchmark for Modern Laundry Retail
This is more than a laundromat, it's a design-led retail experience redefining convenience and style in the CBD.
Whether you're a savvy investor seeking a long-term, low-maintenance income asset, or an owner operator looking to step into a ready made, high visibility business, this opportunity represents exceptional value and design potential.
Contact Millie Liang today to receive the full investment information memorandum.