Prime Freehold Commercial Development Opportunity in The Heart of Papatoetoe!
Strategic location in the revitalised Old Papatoetoe Town Centre:
- On-site parking for approx. 26 vehicles
- Attractive holding income of $220,000 p.a. (plus. GST) from two established tenancies
- Freehold land area of approx. 1,847 sqm (mol) on a flat, well-contoured site
- Two-level standalone commercial building,
- Total floor area of approx. 1,666 sqm (mol), providing generous internal space
- Located just 200m from St George Street and approx. 500m from Papatoetoe Train Station
- Close proximity to New World Supermarket, motorways, and public transport options
- Zoned for Business - Town Centre, supporting high-density mixed-use development
- Suited for owner-occupiers (office, retail, industrial, community use), developers, or add-value investors
- This is a rare opportunity to secure a substantial site in one of South Auckland's fastest-growing urban centres. Don't miss your chance to reposition, redevelop, or occupy this versatile property.
Strategically located this property sits within Papatoetoe's rapidly growing town centre, an area earmarked for growth by Panuku Development. With increasing demand for housing and urban amenities, this is a rare opportunity to secure a high-potential site in a booming precinct.
Contact Zarn Ha: 021 892 500 or [email protected]
Contact Aaron Jokhan: 021 998 018 or [email protected]
