Invest or Occupy on Great South Road

725, Great South Road, Papatoetoe, Manukau City

Price On Application

Proposed Usage
Industrial
Floor Area
2157.00 m²
Land Area
2157.00 m²
Description:
Property ID
1c33ppp



For sale by Negotiation is this 2,157m² freehold site as an owner/occupier or investment opportunity.

 

This freehold investment opportunity comprising of 2,157sqm (more or less) is currently leased to Tarnica Cars Ltd. The site is sealed and fully secure with excellent off street parking located at front of the property. At the rear are offices and amenities with a covered grooming bay area.

 

This site can easily accommodate for up to one hundred and twenty vehicles. Located on Great South Road, this property enjoys high volume traffic flow.

 

Located close to the popular Papatoetoe and Otahuhu town centres and benefits from excellent road frontage. The location has strong transport linkages, in particular, to the Southern Motorway, arterial routes and State Highway 20. Access to nearby commercial and industrial areas such as Manukau, East Tamaki and Mt Wellington are of ease. 

 

The tenant is willing to sign a long term contract making this an attractive investment opportunity.

 

Property Features:

- Light Industry Zoning

- Holding Income $120,000 net pa

- Potential to negotiate long term lease

- 2,157m² freehold site (more or less)

 

For more information or to book a viewing please contact the listing agents:

 

Jeremy Barnett

+64 21 500 972

jeremy.barnett@colliers.com

 

Matthew Barnes

+64 21 828 563

matthew.barnes@colliers.com

Enquire about this property

Papatoetoe Area