Freehold Character Investment in Newmarket
60, Broadway, Newmarket, Auckland City
Price On Application
- Proposed Usage
- Floor Area
- 854.00 m²
- Land Area
- 455.00 m²
- Property ID
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60 Broadway is a recently refurbished and fully-leased two level, freehold commercial building situated at the Northern end of Newmarket. The building consists of 804m² net lettable area over two levels and sits on a 455m² fee simple site with approximately 12 metres of street frontage to Broadway.
The opportunity to own a fully tenanted, freehold building with significant character and income in this thriving and ever-changing Newmarket precinct is as rare as they come. Located at the commercial end of Broadway, the northern part of Newmarket is now widely recognised as the area’s preferred commercial (as opposed to retail) hub. With several large developments planned in the area to compliment the already changing landscape, the commercial population is set to increase significantly in the coming years and will result in exciting flow-on effects for commerce in the area - in particular, the need for professional services and amenities.
In addition to its visual appeal, 60 Broadway is within easy walking distance of the Carlton Gore Road precinct, Newmarket train station, Westfield 277, Olympic Pools, and the Domain.
The property was originally constructed during the 1950s and 60s but has undergone an extensive recent refurbishment project over the last 12 months. The building has now been repositioned as an A grade commercial asset and one that must be considered by everyone looking to capitalise on this prized Broadway address.