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Bayleys Real Estate Limited South Auckland, (Licensed: REAA 2008)
Tony Chaudhary Tony Chaudhary

14 Fair Mall, Otara

Deadline sale by 21 May

Listing Description

Listed: Tue, 21 Apr

Prime multi-tenanted town centre asset

14 Fair Mall, Otara, Manukau City, Auckland

Details

  •   2034m² Floor
  •   1737m² Land
AttributeValue
Property use
Retail
Agency reference
1906670

Description

Key features:

  • Occupancy: Diversified income from eight (8) tenancies across healthcare, retail, and service sector — full market potential of net $562,057pa + GST
  • Zoning: Prime Town Centre zoned freehold with 18-metre height limit, strong pedestrian flow, and excellent Southern Motorway access
  • Seismic (NBS rating): 71% NBS seismic rating (Grade B) with no immediate upgrade requirements
  • Floor area details: Boasts 2,034sqm (approximately) of multi-tenanted retail and healthcare

Anchored by a newly secured lease to South Seas Healthcare Trust, this opportunity delivers a powerful and diversified income profile that immediately positions it as a high-quality commercial investment.

South Seas contributes $253,496pa + GST on a ten (10) + five (5) year structure, providing long-term covenant strength from a trusted Pasifika healthcare provider with deep community ties to the Otara catchment. Complementing the anchor tenant are seven (7) established operators, including a laundromat, dental, beauty, retail and financial services — creating a balanced, split-risk income stream of net $478,734pa + GST, with full market potential of net $562,057pa + GST.

Boasting 2,034sqm (approximately) of multi-tenanted retail and healthcare on a 1,737sqm (more or less) freehold site in the heart of Otara Town Centre, the asset benefits from one of South Auckland's highest-density catchments and consistent weekly foot traffic generated by the renowned Otara Markets. The scale, stability, and future growth opportunities present a rare chance to secure a proven income-generating asset in one of South Auckland's most active and evolving commercial precincts.


Property Files

Tony Chaudhary

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Agent's details

Tony Chaudhary
Greg Hall

Enquire about the property

Bayleys Real Estate Limited South Auckland, (Licensed: REAA 2008)

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