19 Fair Mall Place, Otara, Manukau

Buy ONE and give FIVE!

- Multi-tenanted freehold standalone building
- Well-established shopping mall in the heart of Otara Town Centre
- Four ground floor retail tenancies and a first floor vacant space ready to be use
- Currently returning $175,000 per annum + GST
- Town Centre zoning with additional height allowance to 16 meters / 4 storeys
- With split-risk tenancies, this is an ideal property for adding to a retail portfolio

This property is situated adjacent to Manukau Institute of Technology - one of the largest tertiary education providers in the area, and has great exposure to the shopping centre. The building is surrounded by tenants such as McDonald's, Wendy's, Otara Medical Centre, and a library. With split-risk tenancies, this is an ideal property for adding to a retail portfolio.

The building tenancies - including a TAB, butchery, pizza operator, a Dollar Shop and 485sqm of upper floor which previously operated as a licensed nightclub.

Ideal for add value investor for future conversion or secure a tenant to generate higher return!

Clear instruction from vendors to sell down by auction! call for details today!