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Newmarket

6 Balm Street, Newmarket, Auckland

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103sqm Floor area

For Sale by Negotiation

Prime on Newmarket - Global Tenant of 27+ Years


• World-renowned fashion brand, Karen Walker, as tenant
• Long-established tenant since circa 1993 (27 years)
• Returning net $83,000 + GST, plus two vacant car parks offer add-value potential
• High-profile corner unit in walking distance to 277 Westfield Shopping Centre

The first time on the market in 16 years, 6 Balm Street represents an excellent opportunity to secure a prime corner retail trophy investment. A proven tenant - New Zealand brand Karen Walker, the designer is one of the most internationallyrecognised fashion names, specialising in designer fashion, jewellery, sunglasses and more. With six Karen Walker stores across New Zealand, the brand itself is located in 42 countries, 200 cities and 1,020 stores worldwide.

Situated in the heart of Newmarket, the property occupies a prime site dual facing Balm Street and Nuffield Street within touching distance of the redeveloped 277 Westfield Shopping Centre and is well-positioned within Newmarket's most popular precinct, a popular hot spot generating a high level of foot traffic.

A strong and established tenant in one of the best locations in Newmarket, this passive investment opportunity is not to be missed.

Matt Lee

Matt Lee


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
James Chan

James Chan


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Car Parks


2 Vacant

Net Rental


$83,000 pa. + GST

WF Label 3


WF Description 3