For sale by tender: closes on Tuesday 18 November 2025 at 4:00PM (unless sold prior)
A tightly held freehold in the heart of Newmarket, leased to Peter Alexander, Wallace Cotton and IQ Vape. Trophy assets of this calibre seldom come to market – secure income today with long-term growth upside.
The Offering
This tightly held Newmarket property represents a rare opportunity to secure a prestigious freehold investment underpinned by strong income and long-term fundamentals.
Positioned in one of Auckland’s most sought-after retail destinations, the property offers investors the dual benefit of secure income today and significant future upside through redevelopment, or strategic repositioning.
Investment Highlights
* Freehold 771 sqm landholding with dual frontage to Broadway & Teed Street
* 476 sqm of lettable retail with 6 on-site carparks
* Fully leased to established occupiers including Peter Alexander and Wallace Cotton – both recognised across Australasia – together with IQ Vape
* Passing net income of $578,111 + GST
* Metropolitan Centre zoning, providing exceptional development scale and flexibility
* Unrivalled position within Newmarket, Auckland’s premier retail and lifestyle hub
* Adjoining the new Chemist Warehouse flagship store and only metres from Westfield Newmarket
Contact us today for a full information pack or to arrange a private inspection.
