Key Features:
- Land Area: 1,424 sqm (approx.) | Building Area: 681 sqm (approx.)
- Zoning: Business - Mixed Use
- Current Use: Two industrial tenancies generating $85,000 per annum net income
- Resource Consent: Approved for 10 dwellings - 9 residential and 1 mixed-use unit, providing immediate development potential
- Location: Central Papakura, close to Papakura Train Station, shops, and major arterials
- Flexible layout suitable for retail, office, service-based, or light industrial uses
- Freehold Commercial & Residential Development Opportunity
This strategically located property offers a rare combination of holding income, scale, and development potential. With 1,424 sqm of land and a 681 sqm building footprint, it is ideal for investors seeking secure rental returns or developers looking to capitalise on approved plans for 10 new dwellings.
Papakura continues to experience strong growth, supported by improving transport links, infrastructure upgrades, and increasing demand for both commercial and residential property. With two income-producing tenants in place and consent already approved, this asset provides both immediate cash flow and significant future upside.
A rare opportunity - secure a versatile property in a high-growth suburb today.
Disclaimer: The floor and land area sizes provided have been sourced from Relab, Property Smart, or Auckland Council (LIM) documents. These measurements have not been independently verified by the Salesperson or South Realty Ltd. Additionally, for website functionality, the property may have been filtered into a specific price range. All prospective purchasers are advised to conduct their own due diligence, obtain independent legal and expert advice, and verify all details provided during the property's marketing campaign. This includes but is not limited to, floor and land sizes, boundary lines, underground services, and any relevant scheme plans or consents.
