Level 2/178 Broadway, Newmarket, Auckland

Buy one or both

• Freehold unit title office occupies the entire level 2 and level 3 of the building
• Level 2 with 5 car parks currently returning $98,720 + GST per annum
• Level 3 with 5 car parks currently returning $117,950 + GST per annum
Rare opportunity to secure two modern, well-presented office units located within the thriving and everchanging suburb of Newmarket. The premises benefits from an exceptional profile and is a proven location attracting a range of high calibre professional businesses.
The property benefits from accessibility due to its proximity to motorway connections and the railway network. Auckland CBD is only 8-10 min drive away and a 16 min train ride away. Situated walking distance of both the Newmarket and Grafton Train Station, the completion of the City Rail Link (CRL) will further enhance business growth of Newmarket area.

Tenancy Details:

Name of Tenant: Industu Training Auckland Limited
Term of Lease: Four (4) years
Commencement Date: 23rd September 2022
Rights of Renewal: Nil
Net Rental :$98,720 + GST

Name of Tenant: Premier Institute of Education Limited
Term of Lease: Six (6) years
Commencement Date: 1st October 2018
Rights of Renewal: Two (2) of three (3) years
Net Rental: $117,950 + GST