This property is currently under contract.
Key features
• Two existing tenants occupying a cafe and a pharmacy
• Annual net rental income: $90,865.40pa + GST and outgoings
• Total floor area of 244sqm (approximately)
• Established and well-entrenched tenants
• Business Town Centre zoning
This outstanding property offers an excellent long-term rejuvenating investment opportunity. The property features a thriving cafe and a pharmacy as tenants, with an annual net rental of $90,865.40pa + GST and outgoings. This unit title property is in the bustling Southmall in the popular Manurewa Town Centre.
The property is surrounded by well-known anchor tenants such as Westpac, Unichem, New World, McDonald's, KFC, Subway, and more.
• Shared 400 car parks
• Easily accessible via public transport, utilising the adjoining Manurewa Train Station and bus interchange
• Multiple access points with profile
Southmall is one of New Zealand's first shopping centres to be constructed, built in 1967. It is situated approximately 6 kilometres (3.7 miles) south of Manukau City Centre and 26 kilometres (16 miles) southeast of Auckland CBD.
Contact us today for more details and to schedule a viewing.