Platinum Partner
Listing Description
Listed: Tue, 14 Jul
STRATEGIC NEWMARKET INVESTMENT
44 Broadway, Newmarket, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | 4090705 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149727171&sellerId=0 |
Description
The property at 44 Broadway, Newmarket, is strategically positioned on the main Broadway retail strip, ensuring exceptional exposure. Located only 3km from the Auckland CBD, the site offers excellent access to motorways and public transport.
The property sits on a substantial 556m² Freehold lot with broad frontage. Zoned Metropolitan Centre, which is highly permissive for commercial, retail, office, and high-density residential uses.
The concrete block two-level commercial building, constructed circa 1963, has benefited from comprehensive refurbishment since 2014, offering a total net lettable area (NLA) of 877.41m² character space, $350,250 income, and plenty of scope for growth.
This strategic investment combines a prime location with a versatile building of scale and development options. It is a standout choice for those seeking stability, strong returns, and generational growth potential.
Contact now for details.