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We are offering a fantastic opportunity here at 197 Great South Road. Situated in a prime location, the property has a 40metre road frontage, with 2 access off Great South Road. It is only 1500metres from State Highway 1, close to Takanini Train Station and in the vicinity of other well-known businesses such as Bunnings, Countdown, Mitre 10 Mega, Briscoes, Fonterra and the Southgate Retail Centre.
The property comprises of 11 commercial units totalling 1393m2 on a 2661m2 rectangle site, that offers great parking by the road and on the site. The units are all various sizes with 9 tenants occupying 10 of the units, and one current vacancy. The majority of the leases are with long standing tenants and the current annual return on full occupancy would be $168,241.00 plus gst and outgoings.
Our seller is very serious about selling, and we would love to discuss this opportunity with you, so please give us a call!
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 3 | 1 | 90m2 | 2024年04月24日 | $680,000 | Council approved | |
 | 0.18 km | 2 | 1 | 62m2 | 2024年04月11日 | $440,000 | Council approved | |
 | 0.23 km | 3 | 1 | -m2 | 2024年02月29日 | $631,000 | Council approved | |
0.23 km | 3 | 1 | 131m2 | 2024年02月18日 | $840,000 | Council approved | ||
0.21 km | 3 | 1 | 96m2 | 2024年02月02日 | $800,000 | Council approved |