Investment with Development Opportunity


126 Pakuranga Road, Pakuranga

By Negotiation

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Investment with Development Opportunity | 126 Pakuranga Road, Pakuranga | 1680870 |      X Close
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Investment with Development Opportunity


High profile investment on Pakuranga Highway

- 2,791sqm main residential land

- Located directly opposite Pakuranga Plaza Town Centre and proposed residential apartment development

- Zoned 'Mixed Use' under Proposed Unitary Plan

- Tenant on final lease term

This high profile investment property consists of 2,791sqm of residential land and is located directly opposite Pakuranga Plaza Town Centre and adjacent to St Kentigerns College, one of New Zealands premier private schools.

Currently returning approximately $180,000pa + GST and outgoings, the site is tenanted by Valentines Family Restaurant whom have been in occupation since 1999 and are on their final lease term.

This is a compelling investment supported by significant land value, providing both income and development opportunities.