215-217 Broadway & 3 Teed Street, Newmarket

Blue-chip retail block

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.