High-yield investment with 2 tenants
• High-yield level 1 retail investment
• 124sqm freehold unit fully leased on long term leases (4 and 5 year lease terms), returning net $56,854pa + GST
• Prime Broadway location, adjacent to 277 Westfield Newmarket
Offered to the market is a fully-tenanted, split-risk investment situated at 255 Broadway (accessed via an escalator along Broadway). Unit 2F comprises 124sqm and is configured as two fully-leased tenancies on new/renewed long lease terms from 2026, returning circa $56,0854pa + GST. Positioned at the northern end of the building, adjacent to the escalators descending to Broadway, the property is occupied by ANAIL salon - an existing long term tenant on a renewed 4 year lease from 2026, and MiSkin Aesthetics - an established operator on a 5 year lease from 2026.
255 Broadway is a four-level mixed-use retail, office, and parking building which benefits from excellent accessibility, with the Southern Motorway, nearby bus services, and Newmarket Train Station all within easy walking distance.
An excellent opportunity for astute investors seeking to acquire an affordable, high-return property in a sought-after Newmarket location.
• 124sqm freehold unit fully leased on long term leases (4 and 5 year lease terms), returning net $56,854pa + GST
• Prime Broadway location, adjacent to 277 Westfield Newmarket
Offered to the market is a fully-tenanted, split-risk investment situated at 255 Broadway (accessed via an escalator along Broadway). Unit 2F comprises 124sqm and is configured as two fully-leased tenancies on new/renewed long lease terms from 2026, returning circa $56,0854pa + GST. Positioned at the northern end of the building, adjacent to the escalators descending to Broadway, the property is occupied by ANAIL salon - an existing long term tenant on a renewed 4 year lease from 2026, and MiSkin Aesthetics - an established operator on a 5 year lease from 2026.
255 Broadway is a four-level mixed-use retail, office, and parking building which benefits from excellent accessibility, with the Southern Motorway, nearby bus services, and Newmarket Train Station all within easy walking distance.
An excellent opportunity for astute investors seeking to acquire an affordable, high-return property in a sought-after Newmarket location.
Key features
Available
Two first floor retail/office properties for sale – buy one or both
Location
Unit F: 124sqm total (two tenancies) – 74sqm vacant tenancy plus 50sqm tenancy leased to an established nail salon Unit I: 57sqm, for sale with vacant possession
Exposure
Prime Broadway location, adjacent to 277 Westfield Newmarket
Opportunity
An excellent opportunity for retail/office owner-occupiers or value-add investors seeking exposure in a sought-after Newmarket location.
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