• Large freehold site of 1,847sqm (more or less) in thriving Papatoetoe town centre
• Zoned Business Town Centre allowing for high density developments
• Opportunity for add value investors to redevelop the entire site or re-position this asset
• Holding income of $79,083.04pa incl. GST and outgoings from two tenancies
Located within the Papatoetoe town centre which has been identified by Panuku Development as an area in strong demand, which has seen rapid housing and population expansion. The property at 9 Dunnotar Road offers add value investors and developers numerous options.
Benefitting from ease of access to motorway systems (State Highways 1 and 20), the multi level property is currently occupied by the Faith Baptist Fellowship and Trophies Plus providing a holding income of $79,083.04pa incl. GST and outgoings.
Zoned Business Town Centre, the property offers add value investors the opportunity to redevelop the entire site or re-position this asset.
For further information, contact the SOLE Agents today
Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz
Janak Darji
021 047 1290
janak.darji@bayleys.co.nz
Amy Weng
021 177 3422
amy.weng@bayleys.co.nz