Brand new ten year lease
2, Hillside Road, Papatoetoe, Manukau City
Price On Application
- Proposed Usage
- Floor Area
- 449.00 m²
- Land Area
- 1032.00 m²
- Property ID
â¢ New purpose built modern facility licensed for 70 children
â¢ Ground floor of 361m2 plus an additional 88m2 first floor
â¢ Returning $178,360pa net plus GST with assured rental growth
â¢ Corner position and close to Papatoetoe Train Station in an established residential neighbourhood
â¢ Perfect bottom drawer investment
The property occupies a large corner site and showcases substantial road frontage in a family friendly area ripe to take advantage of the continuous growth of Papatoetoe.
The suburb has several schoolings including Papatoetoe West School, Kedgley Intermediate and Aorere College.
Zoned Residential Mixed Housing Urban enabling a greater intensity of development future proofs this location.
Passive investors should take note of this low maintenance asset with long term stability.
For further information please refer to: www.propertyfiles.co.nz/property/1901756