1B/142 Broadway, Newmarket presents an opportunity investors can’t ignore. JLL has been exclusively appointed to market this property for sale by Auction taking place at 10.30am, on Thursday 13th June 2024 at the JLL Auckland Central Offices, Level 16, 188 Quay Street, HSBC Building Auckland CBD.
Situated in the heart of Newmarket, along the main thoroughfare Broadway, the property is currently fully occupied by two long-standing tenants, enjoying unrivalled street frontage. Both tenant businesses have been in occupation at the property for a combined 28 years now. Centrally located in Newmarket, the property benefits from being within close proximity to an array of amenities including the Newmarket Train Station, Westfield Mall and more.
The property also comes with one car park and multiple signage rights on the building.
Investment highlights include:
* High profile unit
* Floor Area: 297.5 m² NLA
* Fully occupied by two, longstanding tenants
* Net Income of $188,223 plus GST per annum
* Rental Upside
* Well-maintained property
* Modern Shop Fitouts
* Surrounded by amenities
* Walking distance to Newmarket Train Station
The vendors have owned the property for almost 20 years and are now motivated to sell. The property is being sold via Auction taking place 10.30am, Thursday 13th June 2024 at the JLL Auckland Central Offices, Level 16, 188 Quay Street, HSBC Building Auckland CBD.
Contact the sole agents for more information:
Rex Fowler - [email protected] / 021 457 780
Kevin Reardon - [email protected] / 021 028 838 25
