STRATEGIC NEWMARKET INVESTMENT

130, Broadway, Newmarket, Auckland City

By Negotiation

Proposed Usage
Office
Floor Area
1107.00 m²
Description:
Property ID
1bz4gzw

The subject property is located at 130 Broadway, Newmarket and comprises 175m² ground floor retail, Level 2 parking and four floors of office.

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 position.

Key investment attributes include:
• Current annual net income of $181,300 p.a. + GST
• Potential to generate approximately $237,180 net p.a. + GST (rental uplift of $55,880 p.a.)
• 1,107m² more or less with 10 car parks
• 90% NBS earthquake rating
• Profile corner commercial position on central Broadway
• Zoning - Business Metropolitan Centre Zone

For a detailed Information Memorandum and to make further enquiries please contact the exclusive agents below.

Enquire about this property

Newmarket Area