A rare high profile opportunity
â˘1012 sqm (more or less) freehold site with future development potential
â˘Zoned Business mixed use
â˘Holding Income of $2,105 gross per week from residential tenancies
â˘Close proximity to Papakura CBD, Transport hub and Southern Motorway
â˘Ideal for owner-occupier, developers or investors
â˘Explore the possibilities of conversion to a boarding house or hostel
Papakura is currently experiencing substantial growth with large investment in multiple housing developments supported by the nearby Drury, Takanini, Karaka and Clevedon developments.
It is easy to see why people are looking to invest in this area.
Sold by Deadline Private Treaty (unless sold prior)