89 O'Shannessey Street, Papakura, Papakura

Affordable split risk investment

• Split-risk investment with 3 retail shops and 2 apartments
• Returning net income of $42,845 per annum approximately, with the three bedroom apartment occupied by a family member free of charge
• Walking distance to Papakura township, train and bus hub
• Realistic and motivated vendor
• Must see for all add value investors
Ground floor comprises of three retail units with glazed frontage and upstairs on the first level there is a two bedroom apartment and a three bedroom apartment.
Located parallel to Great South Road the property enjoys good road frontage and exposure to the main arterials and offers close proximity to towns of Papakura and Takanini.
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.