Prime Affordable Investment in Newmarket



Download Email
Prime Affordable Investment in Newmarket | Newmarket | 1687273 |      X Close

Prime Affordable Investment in Newmarket

Offered to the market is a rare opportunity to purchase an affordable freehold unit along busy Khyber Pass Road. This unit title property is located at the multi-unit professional business complex at 375-389 Khyber Pass Road, which comprises 18 units in total. These 18 units are situated on a large strategic land site of 3,955sqm, a valuable high profile site itself which could offer significant long term development potential.

The property itself comprises a floor area of approx. 87sqm, occupied by 7 Thirty Hair Design salon on a new lease from October 2018 and returning total $36,000pa + GST. A well-presented extensive fit out, the property comes with 2 car parks directly in front of the unit along with kitchenette and bathroom facilities.

A strong position along Khyber Pass Road, the property is a short walk to Broadway with public transport nearby and access to the Southern Motorway (via Gillies Ave) approx. 800m away. The property also benefits from a range of amenities situated in close proximity, in particular the new University of Auckland - Newmarket Campus (directly across the road) and Westfield 277 Shopping Centre.

An excellent opportunity to acquire an affordable tenanted commercial property, part of a multi-unit complex situated on a high profile strategic land site.