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8%+ Return Secured with Leases Locked to 2030

2A/255 Broadway, Newmarket

Retail Property
dollar

Deadline Sale

Floor area
518m2
On this page:

Deadline sale

Sunday
4:00pm
21
Sep

Property details

Listing # JL54847 | Listed on 2 June

– Positioned right above the newly opened ADIDAS store, benefiting from strong brand presence below.
– Surrounded by Westfield-owned properties, enhancing the area’s premium retail profile.
– Projected net return of over 8% p.a., offering excellent value and strong cash flow.
– Fixed lease terms through to 2030, with rights of renewal extending to 2035.
– Annual net rental income of $166,214.36 + GST.
– All tenants provide personal guarantees, ensuring rental security and peace of mind.
– Located right next to Westfield Newmarket in the heart of Broadway, Auckland’s top retail and commercial hub.
– Surrounded by affluent neighbourhoods including Remuera and Epsom — areas known for high disposable income.
– Close to Newmarket Train Station and major bus routes, offering easy access for staff and customers.
– Exceptional visibility with high pedestrian and vehicle traffic.
– Within walking distance of prestigious schools such as ACG Parnell College, Auckland Grammar, and Epsom Girls Grammar — attracting high-income family demographics.

Property Features:
– Modern building with elevator and escalator access.
– High-spec air conditioning system and fully compliant fire safety setup.
– Well-planned internal layout with partitioned rooms and spacious kitchen.
– On-site staff parking with secure internal access.
– Ample customer parking nearby, including Westfield Mall and street-side options.
– Secure, well-maintained shared amenities.

Don't miss out—contact James Law at 022 388 1462 to arrange a viewing today.

Deadline Sale, closing 4:00 PM, 21 September.

Please be aware that this information has been sourced from external sources and/or third parties. View our disclaimer here: jameslaw.co.nz/disclaimer

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