Broadway 416 , Newmarket, Auckland

Under-Developed Site in Prime Location

- Multi-tenanted standalone investment opportunity
- High profile to Broadway & Nuffield Street
- Fully leased with NZ Post / Kiwibank as anchor tenant
- Net income $359,814 per annum
- Under-developed site with dual street frontages

416 Broadway comprises a two level office building on leasehold land of 557sqm. Originally constructed circa 1955 and extensively refurbished in the 1990's. The building has a seismic assessment rating of 70% NBS.

85 Nuffield Street is at the rear of 416 Broadway offering 386sqm of freehold land that is currently used as a car park for 416 Broadway. 17 car parks.

Tenders Close (unless sold prior)
4pm, Friday 29th May 2015
29 Northcroft Street
Takapuna
Auckland