Multiply your income
16, East Street, Papakura, Papakura
- Proposed Usage
- Floor Area
- 286.00 m²
- Land Area
- 162.00 m²
- Property ID
â¢ Affordable add value investment
â¢ Tenanted by an established pizza tenancy
â¢ Opportunity to convert the first level of the property to residential
â¢ 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
021 995 121
027 492 0788
021 177 3422