6 Fair Mall, Otara

Sold October 2016

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1403m² Floor Area

RETAIL BUILDING ON 1,246m² LAND


Standalone retail building on 1,246m² Freehold site located in the heart of the Otara Shopping Centre. The property comprises two large retail tenancies, being a supermarket and a large general retail premises, together with a small third tenancy to BNZ ATM machine.

There are ample Council car parking spaces which are adjacent to the front and rear of the building.

KEY FEATURES
  • Corner Freehold land 1,246m²
  • Total building area approximately 1,400m² (including 189m² of mezzanine)
  • IEP rating 68% of NBS
  • Three tenants, split risk incomes
  • Ample Council car parks
  • Adjacent to Manukau Institute of Technology
  • Great exposure
  • Ideal for your retail portfolio
  • GV $3,250,000
  • 7.5% yield
  • Contact Sole Agent

Property details

Location:
6 Fair Mall, Otara
Property ID:
72842

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