Colliers is proud to present B1/101 Great South Road, Papakura — a strategically positioned passive commercial investment offering secure long-term income, built-in rental growth, and exposure to one of South Auckland’s busiest commercial corridors.
Returning approximately $106,000 net per annum + GST, with the tenant responsible for 100% of outgoings, the property provides investors with a true low-maintenance, hands-off investment. The property is leased to Elite Car Care Limited on a secure 10-year lease commencing September 2023, with structured annual CPI rental increases (capped at 3%), ensuring ongoing income growth and future-proofing against inflationary pressures.
The property comprises a well-established lower-level commercial unit configured as a 24/7 car wash facility, incorporating workshop, storage, and office amenities. Positioned directly beneath McDonald’s and benefiting from established access easements, the property enjoys strong exposure and consistent vehicle traffic within a tightly held commercial precinct.
Strategically located on Great South Road, one of South Auckland’s primary arterial routes, the asset is surrounded by major national retailers, medical operators, hospitality providers, and high-density residential catchments — reinforcing long-term tenant demand and the underlying strength of the location.
Adding further appeal, the property is zoned Business – Metropolitan Centre, providing long-term flexibility and positioning the asset within a precinct earmarked for continued growth and intensification.
Key Investment Highlights:
- Returning approximately $106,000 net + GST p.a.
- Tenant pays 100% of outgoings
- Secure 10-year lease from September 2023
- Annual CPI rent reviews (capped at 3%)
- Established 24/7 operational business
- Strategic Great South Road location
- Strong surrounding commercial and residential catchment
- Business – Metropolitan Centre zoning
- Passive investment with long-term upside
Opportunities combining secure income, structured rental growth, and strategic metropolitan positioning are increasingly difficult to secure within the current market.
Contact the sole agents today to receive further information or arrange an inspection.
More information: https://www.colliers.co.nz/p-NZL67040028
