# New 6-Year Lease! Passive Entry-Level Investment

> Canonical listing: https://landomo.com/property/feb653ee-e874-4b7c-a613-d9f2fb3ee2dc

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## Listing facts

- **Status:** removed
- **Transaction:** sale
- **Category:** commercial
- **Asking price:** 325,000 NZD
- **Location:** Learning Quarter, Grafton, Grafton, Auckland, NZ
- **Floor area:** 67 m²
- **Published:** 2026-05-23T01:06:42.420Z
- **Last updated:** 2026-07-25T05:41:00.850Z
- **Listed on:** realestate-co-nz

## Description

Positioned on one of Auckland’s most prominent city‑fringe intersections, Unit 6 at 103 Symonds Street offers an affordable, passive investment, providing a high‑profile, entry‑level opportunity in a tightly held location. Occupying a ground‑floor unit of 67m² (more or less), the property is strategically located between the CBD, the University of Auckland and the Grafton medical precinct. It benefits from consistent pedestrian and vehicle exposure along both Symonds Street and Karangahape Road, a well‑established intersection underpinned by sustained demand from education, healthcare and city‑fringe commercial occupiers. The investment is secured by a brand new six‑year lease, providing long‑term, low‑maintenance income with fixed annual rental growth built in. Lease commencement is scheduled for June 2026 (or earlier by mutual agreement), giving purchasers confidence around future occupancy and income continuity from the outset. Please note, the marketing images shown were taken prior to lease finalisation. With excellent street presence, an efficient and easily managed floor area, and flexible zoning, this asset is ideally suited to investors seeking a simple, hands‑off holding at an accessible price point, supported by strong location fundamentals and long‑term growth drivers. Contact the agents to arrange a viewing today: Sam Hyde-Smith +64 27 476 5882 Nikko Boxall +64 27 301 8596 Features : Affordable commercial investment in a tightly held location 67m² (more or less) ground floor unit on the Symonds Street / Karangahape Road intersection Positioned between the CBD, University of Auckland and Grafton medical precinct Brand new six year lease with fixed annual rental growth Low maintenance holding with an efficient floor area Business – City Centre zoning Stratum in Freehold title More information : https://www.colliers.co.nz/p-NZL67039528

## Source and attribution

- Cite and link: https://landomo.com/property/feb653ee-e874-4b7c-a613-d9f2fb3ee2dc
- Asking price and availability may change after this response was generated.
- Contact information and originating-portal links are available on the canonical page.