• Freehold high-profile corner site of 840sqm (more or less)
• Diversified income across eight tenancies, returning $229,135pa net + GST
• Business – Town Centre zoning with redevelopment and value-add potential
• Prime arterial location with motorway access and high foot traffic
• Situated in a high-growth precinct with long-term upside
Occupying a prominent corner with wide street frontage at the intersection of Richardson Road and Stoddard Road, 204–208 Richardson Road is a well-located suburban retail investment with strong pedestrian and drive-by exposure. Fully leased, the property generates income from a mix of uses including a dental clinic, a vape shop, onsite ATM, and cell tower, complemented by specialty retail and eateries. This blend balances recession-resilient streams with entrepreneurial ventures, producing a net return of approximately $229,135pa + GST and outgoings.
Zoned Business – Town Centre, the site offers redevelopment or intensification potential. With direct access to State Highway 20, proximity to Auckland Airport and the CBD, and exposure to a dense, growing residential catchment, the property delivers strong cashflow with clear value-add upside.
