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Papakura - PREMIUM FREEHOLD RETAIL INVESTMENT - TAKANINI
Price | Deadline Sale |
Location | Unit A/2 Swamp Kauri Grove, Papakura |
Type | Retail Property |
Floor Area | 335 m2 |
Land | 883 m2 |
Listing No # | 4069284 |
Listed | 27/03/2025 |
Views | 23 |
Description
Deadline sale: Closes on Tuesday 29 April 2025 at 2:00PM (unless sold prior)
An exceptional opportunity to secure a modern, passive investment in one of Auckland’s fastest-growing suburbs. This standalone retail property is fully leased to quality tenants and positioned as the only commercial offering in Takanini’s McLennan community.
KEY FEATURES:
- 335m² (approx.) retail floor area on 883m² (more or less) freehold land
- Completed in 2022 with modern amenities and 100%+ NBS rating
- Fully leased to three tenants with professional fitouts
- Net rental income - $169,665.42 + GST + OPEX p.a. with further rental upside
- Fixed rent growth clauses for steady income
- Ample on-site parking and low-maintenance construction
WHY INVEST:
- Prime location with no immediate commercial competition
- Tenants are committed long-term with substantial investments in fitouts
- Structurally sound with active builder warranties
- Reliable, hands-off income stream in a high-growth area
Contact the sole agents today for further information or to arrange a private viewing. This is a standout passive investment opportunity you won’t want to miss.
Contact our agents
Barfoot & Thompson Ltd (Licensed: REAA 2008) - South Auckland Commercial
Ground Floor, 62 Highbrook Drive, East Tamaki
Auckland , 2103
Auckland , 2103