293-297 Great South Road, Papakura, Papakura

Split risk investment in Papakura CBD

• High profile freehold corner site
• Diverse income stream (retail, hospitality)
• Metropolitan Centre zoning
• Two leases returning $91,500 net pa plus GST
• NBS Seismic Rating 70%

A two-level, two-tenant commercial building occupying a favourable position on the north-western corner of the Wood Street/Great South Road intersection. The property contains a lettable area of 332sqm (more or less), all situated on a freehold 239sqm (more or less) site.
The property is circa 200m south of the Papakura CBD, which provides a comprehensive range of commercial, retail, and community facilities. The motorway interchange is available at Papakura approximately 2km to the southwest with central Auckland City some 35km to the north.

Papakura is currently undergoing massive growth which will see the area transformed into one of Auckland's most sought-after commercial/industrial hubs in the coming years. Commercial, industrial, and residential development in Takanini, Papakura and Drury's industrial development will continue to improve property value in Papakura.

Piyush Kumar
027 410 4750
piyush.kumar@bayleys.co.nz

Peter Migounoff
027 492 0788
peter.migounoff@bayleys.co.nz