17 Osborne Street, Newmarket, Auckland Retail gem on Osborne Street

Available PropertyFiles:

  • /Body Corporate/
    • Body Corp Documentation.pdf
  • /CT/
    • CT-2D_153 Broadway.pdf
  • /IEP Report/
    • Rialto IEP Council Report.pdf
  • /LIM Report/
    • LIM - 17 Osborne Street.pdf
  • /Lease Documents/
    • Lease Documents.pdf
  • /Property File/
    • PF - 17 Osborne Street.zip

Property Description

An opportunity for all astute investors to be considered – a renewed four-year lease to the longest-serving business on Osborne Street. 17 Osborne Street represents a ‘hands-off’ passive investment tenanted by The Poi Room, a New-Zealand art and jewellery gallery established in 2007 specialising in offering locally-made products locally and offshore.
Osborne Street, together with the adjacent intersecting streets, represents Newmarket’s core of fashion and luxury. Home to many of New Zealand's top designers, retailers and hospitality including Deadly Ponies, Elle + Riley, Juliette Hogan, I Love Ugly, Nicole Rebstock and Yu Mei, the area provides a unique consumer experience that can only be found in this district.
You will be hard-pressed to find investments of this nature – these rarely come onto the market.

Feature:
• Prime retail unit of 120sqm (approximately) with prominent frontage
• Well-established tenant, The Poi Room, in occupation since 2007 and the longest-serving business on Osborne Street
• Renewed four-year lease returning net $90,915pa+GST
• Located along the popular high-end boutique fashion precinct on Osborne Street

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Matt Lee

Matt Lee

Senior Broker, Asian Markets

09 375 8424   021 1515 505   matt.lee@bayleys.co.nz   All Listings

Matt Lee is a Senior Commercial Broker focused on Development, Commercial Sales and Leasing.

Joining the Real Estate Industry with Bayleys in 2013, Matt was quick to exhibit and develop strong Real Estate brokerage knowledge and skills, as a key part of Bayleys highly successful International Sales Team working closely with James Chan, Bayleys first salesperson to achieve $1 billion in transactions. Specialising in the Commercial sector, Matt was involved in a significant level of Standalone and Unit Title sales and leases all throughout the Auckland region, and in 2020 was promoted to the position of Senior Broker.

From 2021 to 2022, Matt focused on the Development and Project Marketing sector, heading up the Project Marketing Division for a global real estate brand, marketing and selling projects with a combined market value of over $500 million across New Zealand, from development sites, terrace housing, apartments through to sections, and leading a team of 15 specialised project marketing agents.

Returning home to Bayleys in August 2022, has developed a strong understanding of both the local and global markets. Together with Bayleys and their market-leading resources, Matt has his finger on the pulse of real estate property trends and developments, ensuring opportunities are maximised and clients’ assets and expectations are surpassed. A product of the highly regarded University of Auckland, Matt graduated with a conjoint Bachelor of Property and Bachelor of Commerce (with a double major in Marketing and Management) degree. Influenced by his Chinese heritage, Matt values integrity, respect, dedication, hard work and diligence, and he has that willingness to go that extra mile to ensure successful results for his clients.


Contact Oscar Kuang

Oscar Kuang

Senior Broker, Asian Markets

09 375 7439   021 609 429   oscar.kuang@bayleys.co.nz   All Listings

Dedicating into commercial real estate industries for over 10 years, Oscar specializes in sale and leasing of commercial properties with proven sales & leasing track record.

His commitment of making a deal to both parties’ win-win situation through integrity, honesty and innovating thinking has gained him a professional reputation and an extensive client network.

With strong interest into history, social science and language, Oscar graduated with a Bachelor of Arts in the university of Auckland. Combining with his dynamic culture and multi-lingual, his worldview is enriched, and well-shaped by sustainability. He is an excellent communicator with fluency in English, Mandarin and Cantonese with a little in Spanish.

Oscar’s primary area of expertise is in assisting clients to optimize their investment portfolio sustainably through thorough market value analysis, prudent planning, and tailored sales/leasing strategies.

100% commitment, positive and integrity to deliver effective & efficient service is his implanted motto, and he strives to embrace any new challenges ahead.