Macpac Newmarket

2/255 Broadway, Newmarket

Retail For Sale

For Sale by Deadline Private Treaty closing at 4pm 9 Mar 2017 (Unless sold prior)    Tenanted Investment
Floor Area: 508.00 m2.    

Description

Here is an opportunity to secure a piece of prime Auckland real estate in the heart of Newmarket.  Located on Broadway, Auckland’s premier retail shopping area accountable for some of the highest pedestrian traffic in the city, this property provides a savvy investor with the chance to secure a low risk asset delivering strong revenue and guaranteed growth.  Leased to world renowned clothing retailer Macpac, the building comes with a highly reputable tenant committed to fixed annual rental increases of 4% per annum through to at least 2023. 

Features

  • World renowned Macpac Ltd as your tenant
  • Long term lease - $390,000 net pa + GST
  • Fixed annual rent increases of 4%
  • Large high profile retail strata unit of 508sqm
  • High pedestrial ocunt in Newmarket
  • Low risk, long term investment with growth

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