Rock-Solid Investment Opportunity in the Heart of Newmarket
Strategically located adjacent to the expansive 277 situated at the high exposure corner of Broadway and Morrow Street. The surrounding precinct has evolved into a vibrant hub of office, showroom, and retail activity, with a strong residential presence and seamless access to the CBD and public transport. On offer is 2a/255 Broadway with a net lettable area of approximately 518sqm and returning approximately $139,000 per annum across three long-term tenancies.
Jewellery shop - trading since September 2000
Bridal shop - trading since April 2006
Education provider - trading since Jan 2023
The property delivers diverse and dependable income streams in a market where certainty is increasingly rare. This property stands out as a secure, high-performing investment that serious investors should not overlook.
The time is now to invest in the midst of a retail downturn. Buy the Dip.
CV $1,575,000