Set in the heart of Old Papatoetoe's commercial hub, the opportunity to acquire blocks of this size and zoning are becoming increasingly more and more difficult to find.
The site is held in two Records of Title located adjacent to the corner of Coronation and Shirley Roads.
Residential development is located to the north/northwest of the site and retail to the south/southeast.
Under the Auckland Council Auckland Unitary Plan (AUP) the AUP states that "The zone provides for a wide range of activities including commercial, leisure, residential, tourist, cultural, community and civic services, providing a focus for commercial activities and growth."
The six existing tenants currently return $138,581.00 per annum plus GST and outgoings.
For further information or to arrange a viewing please call Brent Worthington.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.17 km | 2 | 207m2 | 2024年02月10日 | $738,000 | Council approved | |||
0.11 km | 3 | 1 | 100m2 | 2024年01月18日 | $790,000 | Council approved | ||
0.21 km | 2 | 1 | 70m2 | 2023年12月13日 | $625,000 | Council approved | ||
0.09 km | 4 | 2 | 145m2 | 2023年12月12日 | $1,175,000 | Council approved | ||
0.21 km | 2 | 2 | 70m2 | 2023年11月22日 | $590,000 | Council approved |