Introducing 707-717 Manukau Road - A Prime Freehold Investment on the corner of one of Auckland's busiest and most recognisable roundabouts.

The property has 7 tenancies, telecommunications infrastructure, advertising income and ample onsite parking, returning an annual income of $305,459.28 net + GST. 

The 853m² building sits on a substantial 1,239m² site, providing flexibility for on-site car parking while offering future redevelopment potential. It has a prominent corner profile with exceptional street frontage on Manukau Road and Mt Albert Road, retaining a high profile on two key arterial routes in the southern fringe of Auckland.

The site is favorably zoned as 'Business - Town Centre Zone', which supports a range of commercial and residential uses. Importantly, the site benefits from a Height Variation Control allowing development up to 27 metres, unlocking multilevel redevelopment capacity rarely available in suburban centres. Its prominent corner profile, flat site characteristics and location within a growth suburb supported by low vacancy in the area, make it an attractive long term landholding for investors seeking both immediate yield and future redevelopment upside.

707-717 Manukau Road, Royal Oak is to be sold for $4,200,000 + GST (if any)

For more details on this property or to arrange and inspection, contact the Sole listing agents today. 

Nikko Boxall +64 27 301 8596

Dhiru Patel +64 21 340 780

More information: https://www.colliers.co.nz/p-NZL67038317