Key features:

• Generates $50,120pa + GST and outgoings annually from a stable tenancy mix
• Anchored on busy Pakuranga Road, near Pakuranga Plaza, with AMETI busway improvements set to elevate connectivity
• 809sqm (more or less) freehold site offers exceptional scope for add-value or large-scale redevelopment

Strategically located on the high-traffic Pakuranga Road, just minutes from Pakuranga Plaza, 73 Pakuranga Road stands as the ultimate freehold investment in South Auckland. This property features a 190sqm (approximately) floor area on an expansive 809sqm (more or less) site, zoned Business Neighbourhood Centre, which permits up to three-storey mixed-use development. It delivers a robust net income of $50,120pa + GST and outgoings from a split-risk tenancy with a liquor store and takeaway.

Enhanced by its proximity to the transformative AMETI busway project and surrounded by growing commercial hubs, this asset, is a prime target for active investors, developers, and long-term holders capitalizing on the region's upward trajectory.