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Unit 3 on 40 East Street is a brand new build that is currently under construction that are set to be completed in August 2023 and are ground-level units with street frontage. The floor area of each unit is approximately 98m² in the central Papakura suburb, which is experiencing significant gentrification. The unit will be sold as vacant possession. This opportunity is well suited to occupiers looking for a high-profile location and add value investors looking for their next project.
The site is a ground floor retail unit with 46 apartments being built above them, providing local clientele and will be advantageous to any owner-occupier or business coming in. The unit is brand new builds with a fitout ready to be made to the owner's specifications.
A business metropolitan centre zoned, unit title site is a regular rectangular in shape with plenty of road frontage on East Street. The units are located in central Papakura, opposite a newly built New World and a community and museum centre. The Papakura area is quickly growing and gentrifying. The local council has a plan (Papakura Local Board Plan 2020) in place to boost the town centre and its economy, with the population around the area increasing by 3.7% in 2021 and business units rising by 5.7% in 2021, both showcasing strong demand and growth.
Please get in touch with the sole agents for further information and inspection times today.
All boundary lines are indicative only.
Features:
* Brand New Retail Unit
* Customise your own fitout
* Floor Area 98m²
* Business - Metropolation Centre Zoning
* Estimated Completion August 2023