Split Risk Investment with Established Tenants and Potential for Future Rental Growth
A rare chance to secure a high profile suburban retail asset in the tightly held Pakuranga Heights precinct. Positioned on the prominent corner of Gossamer Drive and Ussher Place, directly opposite Elm Park, this property enjoys exceptional visibility, strong passing traffic, and convenient customer parking.
Investment Highlights
• 387 sqm freehold land with road front customer parking
• Two established tenants providing diversified income:
- Bakery - 77.76 sqm
- Liquor Centre - 113.04 sqm
• Split risk rental stream with clear potential for future rental uplift
• Excellent corner profile enhancing exposure and accessibility
• Strategic location: Cnr Gossamer Dr between Ti Rakau Dr & Pakuranga Rd
This long standing neighbourhood retail hub sits within a stable suburban catchment, offering investors the security of dual tenancy income and the upside of future rental growth in a proven location.
Auction Details
3.30 pm Thursday, 6 August 2026
Deceased estate - instructions are clear: this property must be sold.
652 Great South Road, Manukau Ground Floor Harcourts Offices
For further rental information or to arrange an inspection, contact the sole agents today.
