Multiply your income

16, East Street, Papakura, Papakura

By Negotiation

Proposed Usage
Retail
Floor Area
286.00 m²
Land Area
162.00 m²
Description:
Property ID
1c2s995

• Affordable add value investment
• Tenanted by an established pizza tenancy
• Opportunity to convert the first level of the property to residential
• Returning $26,000pa + GST and outgoings with potential additional income

Situated on a main intersection, the property is tenanted by Galaxy Pizza on the ground floor with plans for a residential conversion on the first floor.
Papakura itself is going through a rejuvenation process with former buildings being converted into residential purposes. With the development of a new medical centre and supermarket, growth has been underpined by rezoning of properties to Metropolitan Centre allowing for further intensive developments.
Take advantage of this affordable add value opportunity.

For further information, please refer to www.propertyfiles.co.nz/property/1901817

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Peter Migounoff
027 492 0788
peter.migounoff@bayleys.co.nz

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

Enquire about this property

Papakura Area