21 East Street, Papakura, Papakura

Split-risk investment

• 1,034sqm (approximately) floor area
• Combined land area of 1,400sqm (more or less) across two titles
• Returning approximately $125,600pa net from five tenancies
• Dual access from East Street
• Ample car parking at the front and rear of the building
• Central Papakura location
• Business - Metropolitan Centre Zone

Central Papakura investment property situated on two fee simple titles with a combined floor area of 1,034sqm in a zone allowing a wide range of activities from commercial to community and civic services. The property is currently returning approximately $125,600pa net from five separate tenancies.

On-site car parking is available at the front and rear of the building, and the property has dual access off East Street. There is also access via the rear service lane off Queen Street or Wood Street.

Zoned Business-Metropolitan Centre and located within proximity to the Papakura SH1 interchange, this offering will appeal to passive and add-value investors. The building has an "A-Grade" seismic rating of 80% NBS.

For more information, or to arrange a viewing, please contact:

Peter Migounoff
027 492 0788
peter.migounoff@bayleys.co.nz

Piyush Kumar
027 410 4750
piyush.kumar@bayleys.co.nz