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Affordable entry level investment

Units A an/358 Great South Road, Papatoetoe

Retail Property
dollar

Negotiation

Floor area
254m2
Title type
Unit Title
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Property details

Listing # 1902870 | Listed on 13 April 2022

• High profile corner site facing Great South Road & Tui Road

  • Growth location in central Papatoetoe, close to Hunters Plaza, Manukau CBD & Public transport networks
  • Seismic Rating 70% or Grade B
  • Returning $36,173.91pa plus GST and outgoings with fixed 4% annual increases

First time commercial investors should take advantage of an affordable entry level investment in the town centre of Papatoetoe. The property comprises of a single level retail building occupied by a barber shop and screen printing business. Comprising of two units with a total floor area of 254sqm (with mezzanine) the property offers future rental upside.

Papatoetoe itself has seen a number of higher density residential developments take place nearby further supporting local businesses in the area.

With its close proximity to both Manukau CBD and Hunters Plaza properties of this size, in this locality should not be missed. Entry level investors should seriously consider.

Janak Darji

021 047 1290

janak.darji@bayleys.co.nz

Amy Weng

021 177 3422

amy.weng@bayleys.co.nz

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

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