Retail shop in Newmarket Station Square


Newmarket

Asking Price NZD $750,000 + GST (if any)

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Retail shop in Newmarket Station Square | Newmarket | 1689970 |      X Close
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Retail shop in Newmarket Station Square


Tenanted Investment

This 80sqm approx. retail shop is located in Newmarket Station Square with dual entrance from the Broadway and the Newmarket Railway station platform. The premises has a kitchen food prep area, plumbing, holding tank/s/s benches, dishwasher, hot/cold water supply, and a separate toilet.

Art studio is the tenant offering a 3-year new lease commence from 15th August 2020 with one of three years ROR thereafter, currently returning is $23478.26 per year.

Newmarket is a magnetic prescient and has constantly held the enviable position of having the highest customer spent on average compared to Ponsonby and the CBD making Newmarket a wise choice in which to establish business