Colliers is proud to exclusively present 194 Great South Road, Papatoetoe, to the market for sale by Auction at 11am Wednesday, 2nd June 2021 (unless sold prior).
Underpinned by two long-standing anchor tenants, McDonald’s & Westpac Bank, and returning a total of $330,348 pa + GST + Outgoings, is this highly sought after investment, that must be seriously considered!
The high profile, 767sqm standalone building has corner site frontage to over 20,000 cars daily on South Auckland’s key arterial route, while offering ample parking to the rear of the property and easy access for the busy McDonald’s drive-through.
Developed by highly regarded Argyle Estates in 2015, the newly refurbished building sits on a 1,592sqm fee simple title - Zoned Town Centre, with potential for further development in future.
The property is strategically positioned on a prominent corner site with local landmarks including Hunters Plaza, Papatoetoe Sports Fields, and the Southern Motorway all less than 1km away.
Premium investments of this calibre rarely come to the market for sale - call either of the sole agents today to register your interest!
Ref #: 20692453
- Contact our experts for details on this transaction.