Platinum Partner
Listing Description
Listed: Thu, 26 Feb
MORTGAGEE SALE
Unit 2A/255 Broadway, Newmarket, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | 4094317 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149721184&sellerId=0 |
Description
Located in a high-traffic area adjacent to Westfield Newmarket on Broadway, this commercial space with committed tenants presents a secure investment opportunity.
Unit 2A spans a total of 505m² (per tenancy agreements) and is presently divided into three separate tenancies, each with its own partitioned layout and access to a shared kitchen.
Constructed in 1985, the building offers elevator and escalator access and holds an A-grade seismic rating of 89% NBS (2013 assessment), providing peace of mind for long-term ownership.
According to tenancy agreements, the property has a combined annual rental of up to $166,214 + GST and operating expenses. Property is sold subject to existing tenancies, and further terms apply. A solid asset with great income potential and proximity to the Newmarket train station, major bus routes, and in a premium Broadway position. Contact the listing agents today!