8 Vernon Street, Papakura, Auckland

Industrial Holding with Consent - Income & Upside in Papakura

Key Features:

• Land Area: 1,424 sqm (approx.)
• Building Area: 681 sqm (approx.)
• Zoning: Business - Mixed Use (supports light industrial and trade activities)
• Income: Two established tenancies returning $85,000 p.a. net
• Resource Consent: Approved for 10 dwellings (9 residential + 1 mixed-use)
• Location: Central Papakura, minutes to rail and key arterial routes
• Functional layout suited to warehouse, trade retail, workshop, storage or service operators

This strategically positioned freehold property offers secure holding income with significant future upside. Currently configured as two practical industrial/warehouse tenancies, the building provides reliable cash flow and flexibility for trade and light industrial occupiers. Zoned Business - Mixed Use under the Auckland Unitary Plan, the site supports a wide range of commercial and employment activities while retaining long-term redevelopment potential.

With approved consent already in place for a 10-unit development, purchasers can landbank with income or progress future intensification in a growing South Auckland location.

A versatile investment combining cash flow, land value and development optionality. Contact the sole agents today for further information.

Disclaimer: The floor and land area sizes provided have been sourced from Relab, Property Smart, or Auckland Council (LIM) documents. These measurements have not been independently verified by the Salesperson or South Realty Ltd. Additionally, for website functionality, the property may have been filtered into a specific price range. All prospective purchasers are advised to conduct their own due diligence, obtain independent legal and expert advice, and verify all details provided during the property's marketing campaign. This includes but is not limited to, floor and land sizes, boundary lines, underground services, and any relevant scheme plans or consents.