Colliers is proud to exclusively present 131, 135 Great South Road & 8 East Street, Papakura for sale by Deadline Private Treaty closing 4 pm, Wednesday 27 March 2024 (unless sold prior).
The high-profile site is a developer's dream being positioned in the heart of Papakura with dual road frontages on Great South Road and East Street.
The three freehold land titles boasts a combined site area of 4,737m² (more or less) providing scale needed for a range of development options. The property is zoned a Business - Metropolitan Centre providing for a wide range of activities, including commercial, residential and community services. Papakura town centre is experiencing significant enhancement with a number of new mixed-use and large scale residential projects within the town centre making 131, 135 Great South Road & 8 East Street, Papakura a key strategic landholding.
The property provides a holding income from 5 tenancies. There is a significant opportunity for future rental growth as well as various options to add value.
Call your sole agents for more information.
Features:
* Holding income - split risk from 5 tenancies
* Anchored by national tenant Postie Plus
* 4,737m² combined freehold title sites
* Business – Metropolitan Centre
* High profile site, with excellent street frontage from Great South Road and East Street
* Natural development site
* Dual Access
