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As sole agents, Barfoot & Thompson are pleased to offer an excellent two-storey block of units - six ground floor retail units and four first floor residential apartments (out of six). This property is on a shared 2,102m² site, located at the entrance to the Parakai township.
A rare commodity in today's market, this ideal investment opportunity provides a reliable source of income from varying businesses such as a bakery, liquor store, hair salon, takeaway outlet, and residential tenancies as an added diversification.
Completed in 2008, this well-regarded complex occupies a strategic and prominent position on Parkhurst Road, within walking distance of public transport, Parakai School, and all of the other amenities on offer in Parakai. Consequently, the development has become a popular convenience retail centre for the community.
KEY FEATURES:
• Stratum Estates in Freehold x 10 (out of 12) - Units F, G, H, I and L available
• Retail shops returning $122,500 + GST (net) per annum
• Apartments returning $84,500 including GST (gross) per annum
• Business - Neighbourhood Centre zoning
• Very busy convenience retail centre with an excellent residential catchment
• Units available for individual sale or as a package
Get in touch with the sole agents today for further information - this offering will not last long!