Property listing ID: 4097191
• 684m² contemporary character building • Returning $404,842 net per annum • 531m² site zoned Business - Metropolitan Centre • Favourable and bankable 70% NBS rating This premium contemporary character building occupies a commanding corner position in one of Auckland's most sought-after commercial precincts. Fully leased and anchored by two proven tenants, this asset offers investors exceptional stability, consistent rental growth, and long-term capital appreciation potential, underpinned by a favourable and bankable 70% NBS seismic rating. Strategically situated in the heart of Newmarket, the property is perfectly positioned to benefit from the area's premier amenities, including the Westfield Shopping Centre and the Newmarket train station. The high-profile nature of the site is further enhanced by significant signage rights, ensuring maximum brand visibility in a high-traffic location. Opportunities to acquire a Freehold asset of this calibre in a thriving Metropolitan zone are rare. This is a blue-chip addition to any portfolio, combining architectural character with robust commercial fundamentals.
Listed by Barfoot & Thompson , Reese Barragar (City Commercial) , Ruby Duan (City Commercial)