Colliers is proud to present 158 Kolmar Road, Papatoetoe – a substantial freehold commercial holding positioned in the heart of one of South Auckland’s busiest town centres.
Occupying a commanding 7,454m² freehold site with approximately 4,150m² of building area, this is a rare large-scale town centre offering with genuine add-value potential.
Currently returning holding income $276,000 + GST per annum, the property is considered under-rented, providing clear add-value potential through lease optimization, a rental uplift and structured income growth initiatives for astute investors.
Located in central Papatoetoe, the property benefits from exceptional foot traffic, strong surrounding retail activity and established commercial presence.
The scale of the landholding also provides long-term strategic flexibility in a tightly held location. Opportunities of this scale within the Papatoetoe town centre are exceptionally rare. Whether you are seeking a value-add investment, land banking opportunity, or strategic long-term hold, 158 Kolmar Road demands serious consideration.
For Sale by Deadline Private Treaty closing 4:00pm, 25 March 2026 (unless sold prior).
VR Tour: https://realsee.ai/VbOOJGE9
Contact the sole agents today for further information or to arrange an inspection.
Features:
- 7,454m² freehold title
- 4,150m² total building area
- Returning holding income $276,000 + GST p.a.
- Under-rented with clear growth potential
- Prime central Papatoetoe location
- Strong foot traffic and exposure
- Business Town centre Zoning
More information: https://www.colliers.co.nz/p-NZL67038520
