Fully leased Newmarket standalone


24 McColl Street, Newmarket

By Negotiation

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Fully leased Newmarket standalone | 24 McColl Street, Newmarket | 1691293 |      X Close
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Fully leased Newmarket standalone


• Prime Newmarket freehold standalone - a proven performer

• Currently provides an attractive cashflow of 137,825 + GST pa (net)

• Both long-standing tenants have renewed for further terms

• A straightforward investment not to be missed

24 McColl Street has been home to the same tenants for over 10 years. Both have recently renewed their leases. Sit back and enjoy the cashflow from this affordable investment property.

This superbly presented character building, which has an earthquake rating of 70% NBS, is perfectly located within the 'Roxburgh Hub'. It is a vibrant area that has experienced significant growth and is home to a diverse range of businesses including the popular Maison Vauron wine store, L'Atelier du Fromage, Little & Friday and L'Affare cafes.

The property is well situated in the 'double grammar' zone and near Auckland University's Newmarket campus, with good transport offerings including motorway links and two railway stations nearby.

Investments of this calibre are hard to find - don't miss this!

Deadline Private Treaty Closing 4pm, Tuesday 2nd March 2021 (unless sold prior)

24 McColl Street, Newmarket

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