25 Teed Street, Newmarket, Auckland

Nestled in the heart of Newmarket at 25 Teed Street, this exquisite commercial office space is a prime example of sophistication and functionality. Constructed in 1988 with robust concrete walls and an iron roof, both in good condition, the freehold property spans a floor area of approximately 3993 sqm and is set on a generous land area of 2028 sqm. It boasts ample parking with 94 carparks, and is available for lease. As of June 1, 2021, the capital value has soared to $26,500,000, marking a 20.45% increase from its $22,000,000 valuation in July 2017. The latest sales were recorded at $23,150,000 on September 9, 2024, and $27,700,000 on November 18, 2021, while the HouGarden AVM estimates the property at $25,402,500.

With a four-star green rating, the office space offers a spacious reception, a well-appointed kitchenette, and a versatile office environment complete with a large boardroom and smaller meeting rooms. Its central Newmarket location provides convenient access to transportation, shopping, and dining. education-wise, the property falls within the zones of esteemed institutions such as Auckland Grammar (Secondary, Decile 9), Newmarket School (Contributing, Decile 7), Auckland Normal Intermediate (Decile 9), and Epsom Girls' Grammar School (Secondary, Decile 9), ensuring top-notch education opportunities.

Don't miss the chance to secure this elegantly appointed office space in a sought-after area with an impressive CV growth and an exceptional school network.

Updated on October 23, 2024