National tenant with a new nine year lease


146-152 Great South Road, Papakura

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National tenant with a new nine year lease | 146-152 Great South Road, Papakura | 1902399 |      X Close
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National tenant with a new nine year lease


• High profile corner position within the centre of Papakura's bustling commercial centre

• Anchored by Farmers Trading Co. offering a multi-tenanted split risk investment, returning a total of $851,761.47 pa net + GST

• A+ seismic rating with a weighted average lease term (WALT) of 8.5 years

A superbly positioned, well performing centre anchored by a national household brand with over 100 years of trading history from this site. The property enjoys easy access to public transport and a wide, loyal customer base. Huge future upside in developing the existing 3,413sqm rooftop car park with a height overlay of up to 40.50 metres.

Take advantage of the healthy income stream with good future upside.

James Hill

021 599 529

james.hill@bayleys.co.nz

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

Sunil Bhana

021 938 660

sunil.bhana@bayleys.co.nz

146-152 Great South Road, Papakura

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