Commercial
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Functional occupation or investment opportunity

25 Great South Road, Otahuhu

Industrial Buildings
dollar

Deadline Sale

Floor area
1327m2
Land area
2023m2
Title type
Freehold
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Deadline sale

Thursday
4:00pm
12
Mar

Map

Property details

Listing # 1507155 | Listed on 10 February
  • Freehold site in sought-after location that will appeal to a range of buyer types
  • Multiple tenancies provides split-risk income or a range of occupation options
  • Functional, hard working building with excellent profile and diverse tenancy mix

Offered for sale is a well-located commercial property positioned on the high-profile Great South Road in Ōtāhuhu. The site is held in one Freehold title comprising 2,023sqm (more or less) of land and includes a combination of a two level building and a separate lower-level warehouse building, providing an overall floor area of approximately 1,327sqm together with on-site car parking and a sealed yard.

The property currently provides income from two existing tenants with an additional road front/showroom vacancy. Given the nature of the leases there is flexible occupation options, conversely the vendor would underwrite the rental of the vacancy for two years from settlement to bring the total income to $257,149pa + GST for an investor.

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