1, 2 and 4/34 East Street, Papakura, Papakura

Public Library and Museum as Tenant!

- Tenanted by Papakura District (Auckland) Council returning a net rental of $586,500pa + GST
- Three separate units on a single site, comprised of commercial/retail and 155 car parks
- Total floor area approximately 4,245sqm

Offered to the market is an attractive purchasing opportunity of commercial/retail on street level (along Great South Road) and car parking on the levels below. The tenancy is held by Papakura District Council and consists of Sir Edmund Hillary Public Library, Papakura Museum, a cafe, and Papakura Education Shop - popular destinations for the local community and schools.

The property is situated in the heart of the Papakura business district, and benefits from dual entrances, a high-profile public entrance way from 209 Great South Road and car parking entrance on East Street.

Redeveloped in 2010, this modern building, known colloquially as the Library and Museum Building, has a quality fitout and benefits from a Council tenancy with a wide range of public amenities - excellent investment opportunities such as this rarely become available!

Agent details:

James Chan
021 934 054

Matt Lee
021 1515 505

Peter Migounoff
027 492 0788