Sold Property

16 Elliot Street, Papakura, Auckland

  • 605 m2

$1,560,000

7.5% return on this tenanted investment! $1,626,000

FOR SALE:
Looking for a commercial investment property returning better than 7.0%? Check out this smart, modern two-level office building situated only minutes from the Papakura motorway interchange and a short walk through the town centre to the railway station.

Well presented, the road front 605m² (approx.) building offers well-lit office space with a mix of open plan and partitioned areas. Including storage to the rear, accessed via a roller door there are 9 car parks on-site, 7 in front and two under cover.

New 3+2+2 year lease from 3 January 2020 at $122,000 pa net (+gst) to Integrity Business Solutions Ltd (Payroll & HR Specialists).

Don't miss this opportunity, our South Island vendors want it sold!

For sale $1,626,000 (+GST) if any (7.50% return).

For more information and an appointment to view please contact the Sole agent.

To download the property file please paste this link into your browser: http://www.propertyfiles.co.nz/property/NSC29924 Property ID: #NSC29924

Show More

Sold Date

  • 07 October, 2020

Property features

  • Property Type: Office
  • Office Square Metres: 540
  • Mezzanine Square Metres: 65
  • Carparks: 9
  • Tenure: Fee Simple
Read More

Office

harcourts North Shore

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 605 m2

Sold Property

16 Elliot Street, Papakura, Auckland

$1,560,000

7.5% return on this tenanted investment! $1,626,000

FOR SALE:
Looking for a commercial investment property returning better than 7.0%? Check out this smart, modern two-level office building situated only minutes from the Papakura motorway interchange and a short walk through the town centre to the railway station.

Well presented, the road front 605m² (approx.) building offers well-lit office space with a mix of open plan and partitioned areas. Including storage to the rear, accessed via a roller door there are 9 car parks on-site, 7 in front and two under cover.

New 3+2+2 year lease from 3 January 2020 at $122,000 pa net (+gst) to Integrity Business Solutions Ltd (Payroll & HR Specialists).

Don't miss this opportunity, our South Island vendors want it sold!

For sale $1,626,000 (+GST) if any (7.50% return).

For more information and an appointment to view please contact the Sole agent.

To download the property file please paste this link into your browser: http://www.propertyfiles.co.nz/property/NSC29924 Property ID: #NSC29924

Property Features

  • Property Type: Office
  • Office Square Metres: 540
  • Mezzanine Square Metres: 65
  • Carparks: 9
  • Tenure: Fee Simple
Show More

Sold Date

  • 07 October, 2020

Andrew Bruce harcourts North Shore

Request Live Stream Inspection
harcourts North Shore

Office harcourts North Shore Licensed under REAA 2008

Map Location

Get Directions

Need to sell before investing?

Need to sell before investing?

Whether an owner-occupier or an investor we can help you determine the worth of your current asset. Why not find out with a Property Appraisal, highlighting recent sales and leases, property returns, market insights and more?