Commercial
More from realestate.co.nz:
Agents News

Split-risk investment with add-value upside

98 Great South Road, Papakura

Retail Property
dollar

Negotiation

Floor area
566m2
Land area
809m2
Title type
Freehold
On this page:

Map

Property details

Listing # 1907035 | Listed on 3 August
  • Freehold main-road landholding within the Woolworths-anchored Roselands Shopping Centre
  • 566sqm (approximately) of retail and office accommodation across two buildings
  • 809sqm (more or less) freehold site, plus a 1/5 share of 860sqm (more or less)
  • Split-risk income across two buildings and five tenancies
  • Generous shared parking
  • Passing income approximately net $79,500pa + GST; net potential approximately $127,500pa + GST
  • Anchor tenant on a new three-year lease with fixed 2% annual increases
  • Business – Metropolitan Centre zoning; redevelopment potential subject to council approval



A rare opportunity to secure a freehold retail and office investment in one of Papakura's best-established commercial locations. Positioned within the Woolworths-anchored Roselands Shopping Centre, this prominent Great South Road property delivers diversified income across five tenancies, with genuine leasing upside and longer-term redevelopment potential under Metropolitan Centre zoning.

Sitting on one of South Auckland's busiest arterial routes, the property benefits from strong passing traffic, established neighbouring retailers and easy access to Papakura Town Centre, the train station and State Highway 1. Well suited to investors seeking secure holding income with active management potential, and to owner-occupiers wanting space in a proven retail location.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy statement.