Papakura
123-125 Great South Road, Papakura, Papakura
+13
Prime retail investment in Papakura central
After decades of successful ownership, the family trust is winding up, presenting a rare opportunity to secure a high-profile retail asset at an entry-level price point. This is a "set and forget" investment with genuine upside in a high-growth South Auckland hub.
Currently returning $58,267pa + GST and Outgoings. The property has a 261sqm (approximately) building footprint sitting on 427sqm (more or less) of land, with a wide street frontage on Great South Road ensures maximum brand exposure and high foot traffic. Includes the rare benefit of on-site rear car parking, providing easy logistics for tenants and deliveries alike.
Motivated vendors will meet the market-this property must be sold.
Whether you're a first-time commercial investor or looking to bolster your portfolio, 123-125 Great South Road offers the perfect blend of immediate income and future potential.
Peter Migounoff
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Geoff Wyatt
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Opportunity
Benefit from a split-risk profile with two separate tenancies, providing diversified cash flow
Exposure
Situated on the main arterial route, the property enjoys significant vehicular and pedestrian traffic in the heart of Papakura's CBD
Location
Across the road from Farmers, ensuring consistent foot traffic and long-term tenant appeal
Motorway access
Minutes from State Highway 1 and within walking distance to Papakura's train and bus interchange
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