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Fee simple, fully-leased, split-risk opportunity

60-62 Tiraumea Drive, Pakuranga

Retail Property
dollar

Deadline Sale

Floor area
430m2
Land area
900m2
Title type
Freehold
On this page:

Deadline sale

Thursday
1:00pm
30
Oct

Map

Property details

Listing # 1906249 | Listed on 26 September

Key features:

  • A combination of three retail shops plus accommodation offering diversified income streams with low investment risks
  • Generating $80,585.93pa + GST and outgoings from commercial spaces and $30,680.00pa from residential accommodation
  • Catchment of residential, community reserves, and Anchorage Park School

Strategically positioned on the corner of Tiraumea Drive and Tiaka Place, these shops provide dedicated service to a stable, loyal customer base from the nearby catchment of family households. Being a peninsula across from Pakuranga Plaza, the tenants enjoy a built-in customer base providing consistent foot traffic from the surrounding residential catchment and local school.

The area is handy to Auckland Central via Pakuranga Highway, and is set to benefit significantly from the AMETI Eastern Busway improvements, which will greatly enhance local and regional connectivity. The ongoing transformation is likely to increase demand for quality commercial spaces, with the likes of national tenants Woolworths, Specsavers, and Tai Ping Supermarket occupying commercial spaces nearby.

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