Building on north corner of Jubilee St & Queen's Rd Central [????- ]

You can often see this building in old photos looking west along Queen's Rd Central. It appears to close off the far end of QRC.

It's because QRC veers to the left as it passes Central Market, so we can see this building's gable.

Earlier photos just show the gable with its circular opening. In later photos someone has recognised it's visibility, and the walls are covered in advertisements.