Land area of 460sqm on Freehold Title
Returning $77,083.00 net plus GST plus outgoings
Well-established tenants - Whitcoulls bookshop and Caprice Hairdressing
This property offers two ground-floor retail shops and basement carparks and storage.
Located on the busy Great South Road, it is strategically positioned in Papakura's central business district. The location is dominated by strip retail, with neighbouring tenancies including ASB, ANZ, Specsavers and Michael Hill to name a few. With several significant housing developments underway, the market is seeing the Papakura area as an investment hot spot.
Potential to add value by developing the basement car park or building up. Subject to council approval.