• Large high-profile site with huge redevelopment potential
• Ideal for owner occupiers, developers or investors
• Holding income from co-share tenancies returning over $2,000 per week
• Opportunity to develop
This property is zoned Business Mixed Use which allows for a mix of retail or residential, on a flat site of 1,012sqm (more or less) with a road frontage of 25 metres. Zoned Mixed Business Use allows for a total building height of 18 metres and the property is surrounded by terrace housing and apartment zones.
The property is near the train station and an array of branded tenants such as New World, Noel Leeming, Countdown, and a short distance to the Sir Edmund Hillary Library and the Papakura District Court whilst being easily accessible to the motorway. Good holding income from residential tenancies on fixed leases until January 2024 returning over $2,000 per week.
Call the sole agents today:
Peter Migounoff
027 492 0788
[email protected]
Tom Doyle
021 062 6261
[email protected]
