707-717 Manukau Road, Royal Oak, Auckland City, Auckland

Introducing 707-717 Manukau Road - A Prime Freehold Investment on the corner of one of Auckland's busiest and most recognisable roundabouts.   The property has 7 tenancies, telecommunications infrastructure, advertising income and ample onsite parking, returning an annual income of $305,459.28 net + GST.    The 853m² building sits on a substantial 1,239m² site, providing flexibility for on-site car parking while offering future redevelopment potential. It has a prominent corner profile with exceptional street frontage on Manukau Road and Mt Albert Road, retaining a high profile on two key arterial routes in the southern fringe of Auckland.   The site is favorably zoned as 'Business - Town Centre Zone', which supports a range of commercial and residential uses. Importantly, the site benefits from a Height Variation Control allowing development up to 27 metres, unlocking multilevel redevelopment capacity rarely available in suburban centres. Its prominent corner profile, flat site characteristics and location within a growth suburb supported by low vacancy in the area, make it an attractive long term landholding for investors seeking both immediate yield and future redevelopment upside.   707-717 Manukau Road, Royal Oak is to be sold by way of Private Deadline Treaty closing 4pm Wednesday 25th March 2026 (unless sold prior).   For more details on this property or to arrange and inspection, contact the Sole listing agents today.  Nikko Boxall +64 27 301 8596 Dhiru Patel +64 21 340 780

More information: https://www.colliers.co.nz/p-NZL67038317