Split-risk Freehold Property Investment
• Four established retail tenancies
• Fully leased, returning $120,957.40 + GST pa
• Business - Town Centre Zone
• Potential to add value over time
• Ideal for investors seeking a diversified, multi-tenanted commercial asset
Secure a freehold commercial property comprising four established retail shops, strategically positioned on St George Street in the heart of Papatoetoe.
The property is fully leased to four established businesses - a bakery, Country Roast, Pizza Home and a laundromat - providing a diverse tenant profile and multiple income streams.
With a strong mix of surrounding commercial activity and established residential catchment, the property benefits from a convenient location and consistent local customer demand.
The combination of four separate tenancies diversified rental income, and a substantial freehold landholding makes this an attractive proposition for investors seeking to spread leasing risk while securing a well-positioned commercial asset.
• Fully leased, returning $120,957.40 + GST pa
• Business - Town Centre Zone
• Potential to add value over time
• Ideal for investors seeking a diversified, multi-tenanted commercial asset
Secure a freehold commercial property comprising four established retail shops, strategically positioned on St George Street in the heart of Papatoetoe.
The property is fully leased to four established businesses - a bakery, Country Roast, Pizza Home and a laundromat - providing a diverse tenant profile and multiple income streams.
With a strong mix of surrounding commercial activity and established residential catchment, the property benefits from a convenient location and consistent local customer demand.
The combination of four separate tenancies diversified rental income, and a substantial freehold landholding makes this an attractive proposition for investors seeking to spread leasing risk while securing a well-positioned commercial asset.
Key features
Location
Strategically positioned on St George Street in the heart of Papatoetoe
Zoning
Business - Town Centre Zone
Growth
Potential to add value over time
Passing income
Ideal for investors seeking a diversified, multi-tenanted commercial asset
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