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540sqm
$1,600,000David Turner
Company Director and Senior Broker.
Sold
Must be sold! Vendor wants the property sold and says present all offers!
Situated on a 1012m² Freehold mixed use site, located at 7 Vernon Street, Papakura. Bursting with possibilities this site offers a vast array of income generating potential. Featuring 7 individual storage lock up units at the rear of the property accessed via an electronic gate currently returning $34,000 p.a with large upside potential. A well appointed 4 bedroom home situated at the front of the section with an additional single bedroom semi-detached dwelling off to the side. This property could suit an owner occupier, add value developer or a savvy investor looking for a low maintenance investment.
Contact the SOLE AGENTS to book your viewing today.
Lease Areas
- Residential 214sqm
- Other (Land) 1,012sqm
- Storage 326sqm
- Total Floor Area: 540sqm
- Total Land Area: 1,012sqm
Features
- Mixed Use Zoning
- 4 bedroom family home
- Single bedroom semi-detached flat
- 7 secure, alarmed storage lock up units with monthly tenants
- Holding income of $34k p.a with capability to increase
- Add value potential
The Papakura region hosts a diverse mix of light and heavy industrial businesses. Its appeal is increasing due to more affordable land and rental costs, proximity to growing residential areas, and ample heavy industrial zoning. Located 32km from Auckland CBD and 21km from Auckland Airport, Papakura offers a strategic and cost-effective location for industrial operations.
Agents
Please contact David Turner to discuss the above property or give us a call and we can talk in more depth about other opportunities within the Auckland Area.
David Turner
021 796 588
david@commercialrealty.co.nz
Or refer to www.commercialrealty.co.nz for a comprehensive range of listings as we don't advertise all our listings on external websites
All prices exclude GST (unless otherwise stated)
