Split Risk Investment with Future Potential

15-19, O'Shannessey Street, Papakura, Papakura

Auction

Proposed Usage
Office
Floor Area
428.00 m²
Description:
Property ID
1c05cgx



Situated in the heart of Papakura, 15-19 O’Shannessey Street is located in one of Auckland’s fastest developing suburbs. The subject property offers retail investors an excellent opportunity to buy into the area and benefit from this growth, whilst achieving a split-risk rental income for years to come. 

15-19 O’Shannessey Street sits on a large 1002m2 freehold title and compromises of 4 retail tenancies with a potential net income of $88,000 pa + gst. Currently tenanted by Delight Pizza, Papakura Nail & Beauty Salon and Supervalue Papakura, the property will appeal to investors looking for a secure income with long-term development potential. 

 

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Papakura Area