Freehold main-road landholding within the Roselands Shopping Centre
644sqm (approximately) of retail and office accommodation across two buildings
809sqm (more or less) freehold site
Split-risk income across two buildings and five tenancies
Passing income approximately net $103,204pa + GST
Net potential income approximately $127,204pa + GST
Business – Metropolitan Centre zoning
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.
The property comprises two buildings on a 809sqm (more or less) freehold site, with 644sqm (approximately) of retail and office accommodation. One of the rear units has recently been leased, lifting passing income to approximately net $103,204pa + GST. With the remaining rear unit to be leased, net potential income is approximately $127,204pa + GST.
For further information or to arrange a viewing, please contact the Agents.
