4 Ussher Place, Pakuranga Heights, Manukau

First time on the market in 37 years!

• 400sqm (more or less) freehold corner site opposite Elm Park Primary School
• Fully tenanted investment including a Dairy, Hair Salon and Indian restaurant
• Returning $39,667pa (approx.) plus GST and outgoings with huge rental upside
• Ample customer carparking with favourable Business Neighbourhood Centre zoning

This once in a lifetime opportunity provides buyers a rare chance to secure an essential neighbourhood convenience centre in this sought after location. Strategically positioned opposite the Elm Park Primary School, the property benefits from its corner profile and being in close proximity to the main arterials of Pakuranga Road and Ti Rakau Drive.

4 Ussher Place forms three retail shops within a block of five. A split risk investment, the property is fully tenanted by three well established tenancies including a Dairy, a Hair Salon and an Indian restaurant. Offering an attractive combined rental income of $39,667pa (approx.) plus GST and outgoings and with some of the current lease terms being relatively short, this property represents massive add value opportunity for investors and owner occupiers. Further enhanced by its favourable Business Neighbourhood Centre, the site allows for both commercial and residential activities, offering future development potential.

For further information, contact the SOLE Agents today

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz