327 Great South Road, Otahuhu, Auckland City, Auckland

327 Great South Road, Otahuhu, Auckland City, Auckland Occupy or Great Cash Flow Investment

Located at 327 Great South Road, Otahuhu is this Freehold two-level commercial property prominently positioned in the centre of Great South Road in Otahuhu town centre. The 562m² floor area over two levels sits on 412m² freehold land, providing car parking at the rear of the building and great exposure to the main street.

Current CV is $2,250,000.

Otahuhu is a high-growth suburb, neighbouring suburbs of Papatoetoe, Mangere, Mt Wellington and Penrose. It serves as an important part of Auckland's Southern transport network with a major bus interchange, train station, plus access to main arterial routes and SH1, SH2 motorway on and off ramps.

KEY FEATURES:

• Fee Simple Freehold 412m² land

• 562m² floor area over two-levels

• Ground floor is trading as a retail business - South Pacific Clothing

• Rental $100,000 p.a. plus GST with four year lease term and fixed rental

• 250m² (approx) upstairs accommodation - 250m² approximately

• Accommodation includes seven rooms, two bathrooms, large kitchen, new heat pump and it's own entrance and Healthy Home Certificate

• Car park at the rear of the building

• Central location with great profile

• Business Town Centre zone allows both commercial and residential activities

Here are the options for you:

• Receive rental income from the downstairs tenant and live upstairs or use it as an office.

or

• Rent out the upstairs accommodation/office as well and get two rental incomes which offers a great cash flow.

For further information or to arrange a viewing, contact us today!

See this listing on Barfoot & Thompson