Bayleys Real Estate Ltd
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Newmarket

35 Teed Street, Newmarket, Auckland

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1,673sqm Land area SQM
2,812sqm Floor area
100 Offstreet

Fully leased Newmarket investment on corner site


• Fully leased freehold investment returning $1,479,355pa + GST
• Strong tenant profile, anchored by NZX listed Heartland Bank
• Substantial 1,673sqm (more or less) corner site with three prominent frontages and intensive zoning Business - Metropolitan Centre zoning
• Diversified investment with future upside in a sought-after commercial precinct

Positioned in the vibrant commercial precinct of Newmarket, this freehold property represents a compelling opportunity for investors seeking a secure and diversified asset, underpinned by a long-term lease to Heartland Bank.

The property combines two levels of high-quality contemporary office accommodation with street-level retail and benefits from 100 off street car parks.

Situated in Newmarket, one of Auckland's most tightly held commercial and mixed use locations, the property offers excellent profile from its three road frontages. Its central location also ensures excellent access to public transport links, major arterial routes, and is just steps from Westfield Newmarket.

The underlying 1,673sqm (more or less) fee simple land holding and intensive Business - Metropolitan Centre zoning provides future development or repositioning upside.

A hands-off investment that ticks all the boxes. Call now for further information.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

22
Jul

Time4pm
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Damien Bullick

Damien Bullick

Commercial, Development and Investment Sales

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

Alan Haydock

Commercial, Development and Investment Sales

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

Tommy Zhang

Commercial, Development and Investment Sales

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

Features

Passing income


Fully leased freehold investment returning $1,479,355pa + GST

Lease


Strong tenant profile, anchored by NZX listed Heartland Bank

Land area breakdown


Substantial 1,673sqm (more or less) corner site with three prominent frontages and intensive zoning Business – Metropolitan Centre zoning

Available


Diversified investment with future upside in a sought-after commercial precinct

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