794 Manukau Road, Royal Oak, Auckland

NZ Post Portfolio

- A trophy freehold standalone investment with massive exposure
- Prime position on the Royal Oak roundabout
- Fully leased providing an attractive cash flow of $103,000 + GST pa
- Massive future re-development potential with 27 metre height overlay

A trophy property positioned on the busy Royal Oak roundabout. Two tenants enjoy huge exposure with plenty of car parking to the rear. The PAUP zoning provides future redevelopment potential.

Undoubtedly, one of the most attractive attributes of the property is high profile corner position on the Royal Oak roundabout. The area caters to the surrounding population as well as the neighbouring suburbs of Epsom and Onehunga by offering a range of eateries, bars as well as the Royal Oak Shopping Mall.

Two retail tenants are in place and provide a total net income of $103,000 + GST (pa). The main tenant trading as Royal Oak PostShop & Kiwibank contributes $58,000 + GST pa with the balance paid by Royal Oak Liquor Centre.

See more at www.nzpostportfolio.co.nz