Listing Description
Listed: Thu, 6 Nov
Papakura supermarket opportunity
90 Great South Road, Papakura, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | 16910178 |
Description
- Established 2,864sqm (approximately) supermarket in popular location
- Returning $840,000pa + GST expiring August 2026 (4x6 year ROR)
- Underpinned by 8,771sqm (more or less) freehold land with intensive zoning
- Opportunity for add value investors, owner-occupiers and land bankers
A strategic opportunity not to be missed. This established supermarket investment forms part of the Roseland Shopping Centre in Papakura. Currently trading as a Woolworths supermarket, the expiring lease provides for a range of add-value and repositioning options for both investors and occupiers.
Consideration must also be given to the underdeveloped 8,771sqm (more or less) freehold site, which benefits from an intensive Business – Metropolitan Centre zoning, allowing for a range of commercial and residential development options.
Call now to explore this flexible add-value opportunity.
Property Files
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