BULK RETAIL INVESTMENT - ASIAN SUPERMARKET

303-305, Great South Road, Papakura, Papakura

Auction

Proposed Usage
Retail
Description:
Property ID
1bz7n80

- High profile main road site with wide frontage
- Returning net $161,740pa + GST with a new 4 year lease
- Sizeable land area of 2,023sqm, zoned Business Mixed Use
- Well-suited for long term investment or future potential development
A superb opportunity to purchase a standalone investment with long-term development
potential. Positioned on a flat contour land of approximately 2,023sqm, the offering - which provides plenty of on site carparking, is currently tenanted by Saveway Supermarket, an Asian grocery store with a long-established presence across Auckland.
The property is well-positioned along the main retail strip of Great South Road, across from Central Park, and a short distance from the Papakura Train Station and Southern Motorway. A large growing catchment area provides a strong customer base, projected to be one of the fastest growing suburbs in the medium-long term future.

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Papakura Area