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High-yield investment + owner occupier options

Unit 2I/255 Broadway, Newmarket

Retail Property
dollar

Deadline Sale

Floor area
57m2
Title type
Unit Title
On this page:

Deadline sale

Thursday
4:00pm
16
Apr

Map

Property details

Listing # 1780709 | Listed on 23 March
  • Affordable level 1 retail/office property for sale (2024 GV $245,000)
  • Floor area 57sqm, for sale with vacant possession – ideal for an owner occupier or add value investor
  • Prime location on the corner of Broadway and Morrow Street, directly adjacent to 277 Westfield Newmarket
  • A clear directive from the vendor – this will be sold!

Offered to the market is an affordable unit situated at 255 Broadway (accessed via an escalator along Broadway). Situated on Level 1, Unit 2I comprises a floor area of 57sqm and is to be sold vacant. Recently renovated, this unit occupies a high-profile position on the corner of Broadway and Morrow Street, directly adjacent and overlooking the main pedestrian entrance to Westfield Newmarket.

255 Broadway is a four-level mixed-use retail, office, and parking building which benefits from excellent accessibility, with the Southern Motorway, nearby bus services, and Newmarket Train Station all within easy walking distance.

An opportunity for retail/office owner-occupiers or add value investors seeking to acquire an affordable property in a sought-after Newmarket location - bring an offer!

Note: Unit 2F is also available, a high-yield split-risk investment returning $56,000pa + GST on new/renewed lease terms:
https://www.bayleys.co.nz/listings/commercial/auckland/auckland/unit-2f-and-2i-255-broadway-newmarket-1780213

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