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• Freehold standalone investment in strategic Newmarket location
• Diversified income of $1,458,226pa + GST with five-year WALT (approximately)
• Anchored by long-term lease to Heartland Bank
• 1,673sqm fee simple land with three road frontages and intensive zoning
• A fantastic bottom drawer investment or long-term land bank
A rare opportunity to acquire an asset of this quality and scale in a prime Newmarket location. The property is fully leased to multiple established tenants and is the head office of Heartland Bank.
The property comprises a four-level building which offers an attractive mix of well-presented contemporary office accommodation with excellent outlook, natural light and high-profile retail tenancies which wrap around the building’s three road frontages. The building also benefits from 100 car parks.
Situated in the heart of Newmarket, Auckland’s premier shopping precinct, just metres from Westfield’s flagship mall and offers easy access to transport links, Auckland CBD and Broadway.
Whether as a bottom drawer trophy asset or as a strategic land bank for future development, this demands further consideration. Call now for further information.