+20Award-winning car sales business in Papatoetoe
This fully fenced car yard in great condition offers either an attractive established investment with a new five-year lease returning $150,000pa net plus GST and OPEX, or a compelling freehold going concern (business, land, building, chattels, stock etc) business proposition.
Strategically situated on the arterial East Tamaki Road with excellent exposure, the property offers a prime Business-Town Centre zoned freehold site alongside a well-entrenched car yard business. Currently occupied by a long-standing, award-winning business, Car City, which has been trading successfully for over 25 years in this location.
Next to Mobil, and across the road from KFC, Z Energy, Burger King and Popeyes (opening soon). Moments away from the heart of thriving Papatoetoe Town Centre/Hunters Corner. Take position now!
Key features
• New five-year lease returning $150,000pa net plus GST and OPEX
• Established tenant trading successfully in this location for over 25 years
• Freehold site with 1,156sqm (more or less) of land zoned Business-Town Centre
• Strong underlying land value, providing comprehensive future development options
• Located in a thriving suburb, moments from Papatoetoe Town Centre and train station, and 600m to SH1 Otara Interchange
Contact the sole agents for more information or to arrange a viewing:
Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz
Lalit Arya
021 033 2309
lalit.arya@bayleys.co.nz
Prashant Vijan
021 041 4577
prashant.vijan@bayleys.co.nz
Tony Chaudhary
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Prashant Vijan
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Lalit Arya
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Business appeal
Attractive tenanted investment with a new five-year lease returning $150,000pa net plus GST and OPEX, or a compelling freehold going concern business proposition
Growth opportunities
Strong underlying land value, providing comprehensive future development options
Land area breakdown
1,156sqm (more or less) car yard
Zoning
Business - Town Centre
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