Split-risk, Town Centre, potential galore
Key features:
• Freehold main-road landholding within the Roselands Shopping Centre
• 644sqm (approximately) of retail and office accommodation across two buildings
• 809sqm (more or less) freehold site
• Split-risk income across two buildings and five tenancies
• Passing income approximately net $103,500pa + GST
• Net potential income approximately $127,500pa + GST
• Business - Metropolitan Centre zoning
A rare opportunity to secure a freehold retail and office investment in one of Papakura's best-established commercial locations. Positioned within the Woolworths-anchored Roselands Shopping Centre, this prominent Great South Road property delivers diversified income across five tenancies, with genuine leasing upside and longer-term redevelopment potential under Metropolitan Centre zoning.
Sitting on one of South Auckland's busiest arterial routes, the property benefits from strong passing traffic, established neighbouring retailers and easy access to Papakura Town Centre, the train station and State Highway 1. Well suited to investors seeking secure holding income with active management potential, and to owner-occupiers wanting space in a proven retail location.
The property comprises two buildings on a 809sqm (more or less) freehold site, with 644sqm (approximately) of retail and office accommodation. One of the rear units has recently been leased, lifting passing income to approximately net $103,500pa + GST. With the remaining rear unit to be leased, net potential income is approximately $127,500pa + GST.
For further information or to arrange a viewing, please contact the Agents.
Harjot Sodhi
+64 22 078 6991
harjot.sodhi@bayleys.co.nz
Tony Chaudhary
+64 21 995 121
tony.chaudhary@bayleys.co.nz
Peter Migounoff
+64 27 492 0788
peter.migounoff@bayleys.co.nz
• Freehold main-road landholding within the Roselands Shopping Centre
• 644sqm (approximately) of retail and office accommodation across two buildings
• 809sqm (more or less) freehold site
• Split-risk income across two buildings and five tenancies
• Passing income approximately net $103,500pa + GST
• Net potential income approximately $127,500pa + GST
• Business - Metropolitan Centre zoning
A rare opportunity to secure a freehold retail and office investment in one of Papakura's best-established commercial locations. Positioned within the Woolworths-anchored Roselands Shopping Centre, this prominent Great South Road property delivers diversified income across five tenancies, with genuine leasing upside and longer-term redevelopment potential under Metropolitan Centre zoning.
Sitting on one of South Auckland's busiest arterial routes, the property benefits from strong passing traffic, established neighbouring retailers and easy access to Papakura Town Centre, the train station and State Highway 1. Well suited to investors seeking secure holding income with active management potential, and to owner-occupiers wanting space in a proven retail location.
The property comprises two buildings on a 809sqm (more or less) freehold site, with 644sqm (approximately) of retail and office accommodation. One of the rear units has recently been leased, lifting passing income to approximately net $103,500pa + GST. With the remaining rear unit to be leased, net potential income is approximately $127,500pa + GST.
For further information or to arrange a viewing, please contact the Agents.
Harjot Sodhi
+64 22 078 6991
harjot.sodhi@bayleys.co.nz
Tony Chaudhary
+64 21 995 121
tony.chaudhary@bayleys.co.nz
Peter Migounoff
+64 27 492 0788
peter.migounoff@bayleys.co.nz
Key features
Amenities
Within walking distance to Papakura Town Centre and its many amenities
Floor area details
644sqm (approximately)
Prime frontage
Located on the ever-busy Great South Road
Available
Now
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.