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Newmarket

15 Eden Street, Newmarket, Auckland

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792sqm Land area SQM
822sqm Floor area

Strategic Newmarket holding by Westfield Mall


• Freehold, mixed use property in prime Newmarket position
• 792sqm fee simple land, strategically located close to Westfield Mall
• Fully leased returning $241,353 + GST p.a. with huge scope for rental growth
• Intensive Business - Metropolitan Centre zoning (development to 36m height)
• Once in a lifetime opportunity for investors, developers and land bankers

One of the last available sites of this scale in the sought-after Newmarket Mall precinct. The property returns $241,353 + GST p.a (with termination clauses) and is currently configured into four tenancies (two high-stud, industrial-style tenancies, a large two-bedroom apartment and a character-filled commercial office/loft) This north-facing property has considerable appeal as either an investment with potential for significant rental growth, as a development site with an intensive zoning and Double Grammar Zone position or as a strategic land bank next to the Newmarket Westfield Mall, just metres from Broadway.

A once in a lifetime opportunity. Call now for further information.

For Sale by Negotiation
Alan Haydock

Alan Haydock


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Damien Bullick

Damien Bullick


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Ian McGowan

Ian McGowan


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

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