327 Great South Road, Otahuhu

For sale by negotiation

7 Bed
2 Bath

Occupy or Great Cash Flow Investment


Located at 327 Great South Road, Otahuhu is this Freehold two-level commercial property prominently positioned in the centre of Great South Road in Otahuhu town centre. The 562m² floor area over two levels sits on 412m² freehold land, providing car parking at the rear of the building and great exposure to the main street.
Current CV is $2,250,000.

Otahuhu is a high-growth suburb, neighbouring suburbs of Papatoetoe, Mangere, Mt Wellington and Penrose. It serves as an important part of Auckland's Southern transport network with a major bus interchange, train station, plus access to main arterial routes and SH1, SH2 motorway on and off ramps.

KEY FEATURES:
  • Fee Simple Freehold 412m² land
  • 562m² floor area over two-levels
  • Ground floor is trading as a retail business - South Pacific Clothing
  • Rental $100,000 p.a. plus GST with four year lease term and fixed rental

  • 250m² (approx) upstairs accommodation - 250m² approximately
  • Accommodation includes seven rooms, two bathrooms, large kitchen, new heat pump and it's own entrance and Healthy Home Certificate
  • Car park at the rear of the building
  • Central location with great profile
  • Business Town Centre zone allows both commercial and residential activities

Here are the options for you:
  • Receive rental income from the downstairs tenant and live upstairs or use it as an office.
or
  • Rent out the upstairs accommodation/office as well and get two rental incomes which offers a great cash flow.

For further information or to arrange a viewing, contact us today!

Property details

Location:
327 Great South Road, Otahuhu
Property type:
House
Land area:
412m²
Bedrooms:
7
Bathrooms:
2
Property ID:
857193

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Other nearby schools

  • Pacific Advance Secondary School 0.2 km
  • Mt Richmond School 0.4 km
  • McAuley High School 0.5 km
  • St Joseph's School (Otahuhu) 0.5 km
  • Otahuhu Intermediate 0.8 km
  • Fairburn School0.9 km
  • Wymondley Road School1.5 km
  • King's College1.9 km
  • Panama Road School2.2 km
  • Papatoetoe Intermediate2.3 km
  • Sutton Park School2.4 km
  • De La Salle College2.4 km
  • Mangere East School2.8 km
  • Bairds Mainfreight Primary School2.9 km
  • Sir Edmund Hillary Collegiate Senior School3.1 km
10 more schools

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