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Papatoetoe, 1/586 Great South Road

Renewed $100,000+ income in Premier Location

Price by Negotiation

Listing Number: VP170525
About this listing
Located on the corner of a main arterial (Great South Road) and Puhinui Road, this central Papatoetoe positioned property is exposed to high foot traffic. It also has easy access to motorway and airport.
The well-established business 'Alamo Bar & Grill' has tenanted the property for years. This affordable investment offers good return with the long term potential. Just renewed 8 year lease. For more information, please call Richard.

Key Features:

- Prime location at Central Papatoetoe
- Phenomenal Exposure to traffic
- Renewed 8 year lease with income of $100,440 + Outgoings + GST
- Rent reviews two yearly
- 450m² floor area with 20 car parks
- Built in 1990's
- Zoned Business Mixed Use
- Easy access to motorway and airport
Property Information
  • Tenure: Unit Title
  • Property Type: Retail, Tenanted Investment
  • Tenancy 1: Tenant Name: DHEZL

Contact Details

Howick

Preet & Co Real Estate Ltd

Licensed REAA 2008

18 Fencible Drive
Howick
Manukau
Office website

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