• Zoned Business - Town Centre
• Ground floor comprises six retail shops with the first floor being used as storage
units
• Excellent opportunity for creative and savvy investors to add significant value
• Combined holding income of net $157,462.23pa
• 933sqm (more or less) parcel of land
A fantastic opportunity presents itself with the availability of a freehold two-level commercial property, boasting a heritage dating back to the 1920s. Situated at 275-285A Great South Road, Otahuhu, this property comprises six units spread across three titles. It features a combination of six retail shops on the ground floor and the potential for residential accommodations on the first floor.
Spanning a total building area of 1,230sqm (approximately) on a generous 933sqm (more or less) parcel of land, this property offers a combined holding income of net $157,462.23pa with flexibility of lease options, making it an attractive prospect for investors, owner-occupiers, or developers alike.