Top Newmarket investment

372, Broadway, Newmarket, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
607.00 m²
Land Area
501.00 m²
Description:
Property ID
1c2sgm3

- High profile retail complex oppsite to new Westfield 277 shopping centre
- Lessee interest for sale
- Upmarket IT retail and Well known Irish pub as tenants
- Fully leased, approximately income of $135,000 per annum + GST
- Land area 501sqm, huge future growth potential

Superbly located at the Newmarket commercial business centre, the high profile commercial property comprises of a leasehold site of 501 sqm fronting busy Broadway. The Broadway retail area is a strong retail and entertainment location particularly in the sectors of clothing, furniture, fitting for homes, food etc. With new 277 shopping centre complex and other nearby rising apartment buildings in progress, this Broadway location is likely to intensify with amazing business and investment opportunities.

This well located property is occupied by two tenants with a brand-new upmarket IT retail shop at street level and an Irish pub at the lower level. This passive investment opportunity ticks all the boxes: well established tenant, location and income stream. Just sit back and enjoy the cashflow.

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Newmarket Area