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LARGE NEWMARKET OFFERING - BUY ONE OR BOTH

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Property Summary

Price: Tender plus GST (if any)
Location: 436 Broadway, Newmarket, New Zealand
Type: Commercial & Industrial Commercial Land
Floor: 1,440m²
Listing No. 74762

Property Description

Tender: Closes on Wednesday 17 May 2017 at 2:00PM (unless sold prior)

Secure a foothold in the highly sought after suburb of Newmarket. Several recent and future proposed developments have transformed the landscape and vibrancy of this area.

The two separate titles of 1,002m² & 807m² are offered separately or together. Combined, the properties span three lengthy road frontages with excellent exposure to burgeoning passing trade.

436 Broadway comprises a 270m² showroom and 429m² car yard with a separate one bedroom apartment above. Total income is $320,850 p.a. + GST.

89 Nuffield Street is a two level commercial building comprising one vacant and three leased tenancies. Current income totals $110,475 p.a. + GST.

Owner is motivated to sell, contact now for further details.

  • High profile properties with three frontages
  • Land area 1,002m² & 807m²
  • Sold on 'buy one or both' basis
  • Significant future development opportunity
  • Net income of $320,850 & $110,475 + GST
  • 290 metres from 277 Broadway
  • Metropolitan Centre Zone under PAUP
  • Double Grammar Zone
  • Both properties are seismically compliant

Features

Location map

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