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Colliers South Auckland, (Licensed: REAA 2008)

131, 135 Great South Road & 8 East Street

Deadline sale by 27 Mar

Listing Description

Listed: Fri, 23 Feb

High Profile Site - Develop or Add-Value

131, 135 Great South Road & 8 East Street, Papakura, Auckland

To be sold by deadline sale (by 27 Mar)

Details

  •   1989m² Floor
  •   4737m² Land
AttributeValue
Property use
Retail
Agency reference
NZL67027481

Description

Colliers is proud to exclusively present 131, 135 Great South Road & 8 East Street, Papakura for sale by Deadline Private Treaty closing 4 pm, Wednesday 27 March 2024 (unless sold prior).     The high-profile site is a developer's dream being positioned in the heart of Papakura with dual road frontages on Great South Road and East Street.      The three freehold land titles boasts a combined site area of 4,737m² (more or less) providing scale needed for a range of development options. The property is zoned a Business - Metropolitan Centre providing for a wide range of activities, including commercial, residential and community services. Papakura town centre is experiencing significant enhancement with a number of new mixed-use and large scale residential projects within the town centre making 131, 135 Great South Road & 8 East Street, Papakura a key strategic landholding.     The property provides a holding income from 5 tenancies. There is a significant opportunity for future rental growth as well as various options to add value.     Call your sole agents for more information.

Features:

  • Holding income - split risk from 5 tenancies
  • Anchored by national tenant Postie Plus
  • 4,737m² combined freehold title sites
  • Business – Metropolitan Centre
  • High profile site, with excellent street frontage from Great South Road and East Street
  • Natural development site
  • Dual Access

More information: https://www.colliers.co.nz/p-NZL67027481


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Colliers South Auckland, (Licensed: REAA 2008)

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