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196, Great South Road, Papatoetoe, Manukau City

Price On Application

Proposed Usage
Retail
Floor Area
746.00 m²
Description:
Property ID
1c12gwb

- High profile site with excellent exposure to Great South Road
- Fee simple, two level commercial building with car parking to the rear
- Zoned Business Town Centre offers future development potential (18m)
- Established tenant (ANZ Bank) returning a net income of $140,483pa plus GST and
outgoings

Located in the heart of Papatoetoe's business area, this property presents an opportunity to add value and astute investors to purchase a property with strong key investment fundamentals. This includes a well-established tenant, a seismic rating of 80% NBS and generous car parking with future development upside.

With strong neighbouring tenants and favourable zoning, investments of this nature should be capitalised upon.

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Papatoetoe Area