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Listing Description
Listed: Sat, 20 Sep
NEWMARKET RETAIL REVIVING!
2-38 Nuffield Street, Newmarket, Auckland City, Auckland
$40,000 per annum
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | 4080263 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149715015&sellerId=0 |
Description
Once a thriving hub of retail and hospitality, Nuffield Street was the go-to destination for locals and visitors alike. Lined with boutique shops, eateries, and vibrant street activity, it carried the soul of the city fringe.
LOCATION HIGHLIGHTS:
- Directly opposite Newmarket train station
- Across from Kings and Queens Newmarket, comprising 492 apartments
- Surrounded by offices, schools, and national retailers, ensuring consistent weekday and weekend foot traffic
- Diagonally across from Westfield mall
KEY FEATURES AND INCENTIVES:
- Sizes between 62m² and 228m²
- Significantly discounted rental between $30,000 to $90,000 p.a., including OPEX
- No restrictions on trading hours
- Gross leases - never worry about rates or body corp fees
- Capital contribution available towards fitout for five-year leases or longer
The revitalisation of the street is already underway, with several high-profile tenants successfully signed up and started trading, including:
- iRelax flagship store (luxury massage chair retailer)
- Tanning (international lemon tea brand)
- Sanku Maots’ai (global Chinese food chain)
- A beauty clinic, Japanese fusion restaurant, and a dessert operator have all signed up, with consents underway!
This is a rare opportunity for retail and entertainment operators seeking high visibility, strong foot traffic, and a prime location supported by a proactive, motivated landlord. Competitive gross leases and capital contributions are available, but won’t last long.
We welcome a wide range of businesses, including those in fashion, beauty, homewares, gifting, health and wellness, and more. Availability is limited: there is only one space remaining for a food operator and only one space left under 80m². A few options remain at around 100m² or larger.
Note: All hospitality opportunities have now been leased. Vacancies are for retail/entertainment operators or light hospitality/beverage operators not needing extractions. Please contact the listing agent for more information.