


Listing Description
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
Attribute | Value |
---|---|
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
Map
Agent's details
