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Otahuhu

275-285A Great South Road, Otahuhu, Auckland

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1,230sqm Floor area

For Sale by Negotiation

On the market after 34 years!


• Zoned Business - Town Centre
• Ground floor comprises six retail shops with the first floor being used as storage
units
• Excellent opportunity for creative and savvy investors to add significant value
• Combined holding income of net $157,462.23pa
• 933sqm (more or less) parcel of land

A fantastic opportunity presents itself with the availability of a freehold two-level commercial property, boasting a heritage dating back to the 1920s. Situated at 275-285A Great South Road, Otahuhu, this property comprises six units spread across three titles. It features a combination of six retail shops on the ground floor and the potential for residential accommodations on the first floor.

Spanning a total building area of 1,230sqm (approximately) on a generous 933sqm (more or less) parcel of land, this property offers a combined holding income of net $157,462.23pa with flexibility of lease options, making it an attractive prospect for investors, owner-occupiers, or developers alike.

Tony Chaudhary

Tony Chaudhary

Retail, Investment and Industrial Sales

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Lalit Arya

Lalit Arya

Retail, Office and Commercial Sales and Leasing

Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Beterly Pan

Beterly Pan

Investment Sales and Leasing

Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008

Features

Floor area details


1,230sqm (approximately)

Land area breakdown


933sqm (more or less)

Zoning


Business - Town Centre

Location


Otahuhu