An affordable owner occupier or investor add value opportunity, situated in a highly regarded Papanui location with excellent onsite carparking.
Constructed in the circa early 2000’s this single level commercial building provides a rare opportunity to stamp your mark on an easily accessed and well regarding Papanui commercial precinct location.
Comprising until more recently a former Corrections Department building, secure access and rear carparking is provided as well as overall quality construction and fitout. The structured srength is 67% NBS (Miyamoto and Cardno report 2012).
Given the location and dual access off both Main North Road and Restell Street, your staff and clients will appreciate the convenience and additional carparking to the building frontage.
The property internally is ready for a new use with the advantage of having significant add value potential through cosmetic enhancing and repositioning. The building currently provides for office/showroom accommodation to the road frontage and a smaller garage/warehouse to the rear of the property.
This is an opportunity to add value to an existing building be it as a secure investment or to control your own business premises.
For Sale by Deadline Private Treaty closing 4pm, Thursday 11 December 2025 (unless sold prior).
*Boundary lines are indicative only
Features:
- Vacant Possession
- 67% NBS* *Report undertaken by Miyamotu and Cardno, June 2012
- Excellent onsite carparking to front and rear (9 Spaces)
- Strong Papanui commercial precinct location
- Low maintenance construction
- Easily accessible
- Ideal entry level investor or owner occupier opportunity
- Limited alternative options in this locality
More information: https://www.colliers.co.nz/p-NZL67037369
