Key features:
- Diversified income from eight (8) tenancies across healthcare, retail, and service sector - full occupancy potential of net $532,777pa + GST
- Prime Town Centre zoned freehold with 18-metre height limit, strong pedestrian flow, and excellent Southern Motorway access
- 71% NBS seismic rating (Grade B) with no immediate upgrade requirements
Anchored by a newly secured lease to South Seas Healthcare Trust, this opportunity delivers a powerful and diversified income profile that immediately positions it as a high-quality commercial investment.
South Seas contributes $241,713pa + GST on a ten (10) + five (5) year structure, providing long-term covenant strength from a trusted Pasifika healthcare provider. Complementing the anchor tenant are seven (7) established operators including a laundromat, dental, beauty, retail and financial services - creating a balanced income stream of net $478,734pa + GST, with full occupancy potential of net $532,777pa + GST.
Boasting 2,034sqm (approximately) of multi-tenanted retail and healthcare on a 1,737sqm (more or less) freehold site in the heart of Otara Town Centre, the scale, stability, and future growth opportunities present a rare chance to secure a proven income-generating asset in one of South Auckland's most active and evolving commercial precincts.
