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  • For sale
Massey Road Masterpiece - #1
Massey Road Masterpiece - #2
Massey Road Masterpiece - #3
Massey Road Masterpiece - #4
Massey Road Masterpiece - #5
Massey Road Masterpiece - #6
Massey Road Masterpiece - #7
Massey Road Masterpiece - #8

For Sale

Auction 15th Dec 2021 1:30pm (Unless sold prior)

This rare retail hub has angles for everyone, offering multiple income streams with upside and a large underlying landholding with subdivision potential, all in an unbeatable main road destination a mere 200 metres from State Highway 20.

The shops, well known to locals, are extremely popular demanding customers all day and gaining a natural audience from its strategic position next to SH20. The three tenants return a combined annual net rental of $127,811+ GST, all with favourable review mechanisms and scope to add-value to the improvements. There is a three bedroom residential unit attached to the main tenancy.  

The generous freehold 1,765m2 site is zoned Business - Neighbourhood Centre allowing for a range of future possibilities including: commercial, residential and retail up to a 13 metre build height.

Mangere is experiencing unprecedented population growth, with substantial residential development throughout the popular suburb. Add value investors and developers must consider this opportunity.

The property is being sold via Auction taking place on Wednesday 15th December 2021 (unless sold prior).



Ref #: 20841349