Commercial
More from realestate.co.nz:
Agents News

Royal Oak trophy investment

778 Manukau Road, Royal Oak

Retail Property
dollar

Negotiation

Floor area
1078m2
Land area
637m2
Title type
Freehold
On this page:

Map

Property details

Listing # 1699353 | Listed on 28 May
  • Prime high-profile investment with extensive main road exposure and frontage
  • Fully leased standalone building generating $387,410pa + GST (net) from six established tenancies over three levels, with secure basement car parking
  • 637sqm freehold land with favourable Business – Town Centre zoning
  • Strategically located near the Royal Oak roundabout, in the heart of Royal Oak

Offered to the market is a prominent, passive investment occupying a commanding position in the heart of Royal Oak. Constructed circa 2009, this well-maintained building comprises a mix of retail and office use plus basement car parking. Fully leased with a strong track record of occupancy, the property comprises six established tenancies, including four ground-floor retail occupiers, Bayleys Real Estate on level 1, and a long-established medical operator on level 2.

Excellently-positioned near Royal Oak Mall and Cornwall Park/One Tree Hill, the property benefits from public car parking at rear. Furthermore, the property’s favourable Business – Town Centre zoning supports long term add-value potential while ensuring flexibility for future alternative commercial or residential uses.

A top-drawer, split-risk trophy investment that demands serious consideration.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration