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320-322 Great South Road, Papatoetoe Manukau City 2024

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320-322 Great South Road, Papatoetoe Manukau City 2024


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320-322 Great South Road, Papatoetoe Manukau City 2024


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Listing id: L34785323

Prime Investment, Strong Returns, Long-Term Tenant

320-322, Great South Road, Papatoetoe, Manukau City, 2024, New Zealand

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  • 968 sqm
  • 1056 sqm

Price by Negotiation


Seize this exceptional opportunity to acquire a fully leased, high-performing retail complex in a prime Papatoetoe location. Strategically positioned on the bustling Great South Road, this iconic property boasts excellent visibility, strong tenant mix, and reliable cash flow-making it a standout investment in South Auckland.

Key Highlights:
- Net rental income: Approx. $151,000 plus gst p.a.
- Tenancies: Three fully leased units, including a popular takeaway, grocery and a vibrant nightclub
- Titles: Two individual freehold titles
- Total land area: 968 sqm (373 sqm and 595 sqm)
- Zoning: Business - Town Centre

Property Features:

Ground Floor Retail:
- Li'l Abner's Takeaway: A South Auckland institution, serving loyal customers for over 30 years
- Two additional tenancies: Catering to the local community, including a specialty Indian grocery store

First Floor Venue:
- One of Auckland's largest and longest-standing Pacifica nightclubs-well-known for hosting community events and drawing consistent crowds, contributing to strong occupancy and rental income

This is a rare opportunity to secure a versatile commercial asset with multiple income streams, excellent street frontage, and future development upside in a rapidly growing area.

Don't miss out on this outstanding investment.

Contact:
Zarn - 021 892 500
Aaron - 021 998 018

  • Address320-322 Great South Road, Papatoetoe Manukau City 2024
  • PricePrice by Negotiation
  • TypeRetail
  • Land Area968 sqm
  • Floor Area1056 sqm
  • Listing IDL34785323
  • OfficeRE/MAX Projects - Newmarket

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