NEWMARKET TENDER CLOSING - 6.5% YIELD

Newmarket, Auckland City

Tender

Proposed Usage
Office
Floor Area
318.00 m²
Description:
Property ID
1bz48p4

Net Annual Income $109,000

The property comprises a freehold unit of 318.14m², being approximately half the top floor at 142 Broadway that has been partitioned into three separate office tenancies.

Situated in the heart of Newmarket on the junction of Broadway and Khyber Pass Road the property is a short walk from all major services and amenities. Easily accessible and in a stunning and highly sought after position.

Two of the three offices (216.13m²) are tenanted, providing options for both owner occupiers who want to occupy an office with holding income and investors seeking an investment return. A term rental guarantee on the vacant space (102.28m²) is offered to investors, showing a net annual income $109,000 + GST p.a. net.

• Profile corner commercial position on central Broadway
• Freehold tenure
• 318.41m² more or less with two car parks
• Half of the top floor
• $109,000 net per annum
• One vacant office 102.28m² with rental guarantee in place
• Move in as an owner occupier with good supporting income or invest and lease up the vacant space

Please contact the Sole Agents for more information and viewing times.

Enquire about this property

Newmarket Area