331-333 Great South Road, Otahuhu Mixed-use standalone building opportunityTweet
- First floor rental appraisal.pdf
- IM-331-333 Great South Rd, Otahuhu.pdf
- Insurance premium & policy.pdf
- Seismic performance report(Auckland Council).pdf
- /Certificate Title /
- /LIM Report/
- LIM - 331-333 Great South Rd.pdf
- /Lease Docs /
- Assignment of Lease Jan 2016.pdf
- Assignment of Lease July 2016.pdf
- DOL 2015.pdf
- Latest Assignment of Lease .pdf
- /Property Files/
- PF- 331 Great South Rd.zip
Property Description• High profile in the heart of Otahuhu town centre
• Two-level commercial and accommodation mix building
• Vacant land at rear offers exceptional development opportunity
• Suitable for owner-occupiers, add-value investors and developers
Otahuhu town centre upgraded the streets and public spaces to provide better connections and infrastructure for walking and cycling. This will produce economic benefits and will create dramatic improvements to high-quality pedestrian environment and landscaping with better traffic movement. The work was a long time coming and would create a new future for the town as a revitalised 21st century centre.
This building comprises a two-level commercial premise with two ground floor retail shops and a first-floor two-bedroom flat. The property provides a possible split-risk mix of three tenancies that have strong future growth for a new owner. With the current owner-occupiers going into retirement, take advantage of part vacant and buy to occupy, add value or use for a future development opportunity.
Partly leased, returning $30,000 + GST p.a (net). Full tenancy details are available on request.
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Terms of SupplyThe following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
Contact Nicolas Ching
Bayleys Real Estate Ltd
Bayleys is New Zealand’s largest full-service real estate company.
With more than 15 years of specialising in commercial property of sales and leasing over his career, Nicolas Ching is the key asset in the well-renowned International Sales Team in Bayleys. Nicolas Ching has a thorough understanding of the commercial property market and the crucial issues facing investors and tenants. He has an extensive network database in both New Zealand and internationally.
Nicolas Ching has established himself during his 9 years in Bayleys (between 2004- 2013) . Before re-joining Bayleys recently, Nicolas was the Asian Investment Sales manager at Colliers International and the Sales Director in NAI Harcourts Auckland CBD, focusing on development and growth of the business, including an Asian investment division.
He was originally born in Malaysia and educated in New Zealand. With a Bachelor of Business Studies, Nicolas is proficient in several languages and dialects, including Mandarin, Cantonese, English and other Asian languages.
Contact Janak Darji
Bayleys Real Estate Limited, Manukau
Licenced under the REAA 2008
Janak Darji is a member of the Bayleys Manukau commercial and industrial sales and leasing team working alongside one of Bayley’s top five achieving agents, Tony Chaudhary. With a capable and supportive team, Janak has become an established commercial agent who adds an inherent value to his clients’ property dealings.
Janak is not afraid of hard work. Working across the commercial property spectrum in the Southern and Western corridors, he has tackled some of the more difficult jobs in the area and is proud to have achieved success - he found valuable tenants to lease in an unpopular mall with no previous anchors; he found the right buyer for a contaminated service station plot.
For Janak, it is not the size of a deal that spells success, but how innovative he has been in sourcing the right buyer or leaser to the long-term benefit of his clients.
Janak communicates well with a broad range of vendors. Working for family retail stores growing up, he has a natural affinity with small business owners, not only understanding their business needs, but of how diligently they have worked for the investment monies they have collected. He works especially hard to ensure the best possible deals for them and that clients are informed and guided through each step of an often-daunting property transaction. Further, Janak ensures that vendor marketing money has the best possible reach and he has the social media and technical savvy to ensure same.
Committed to the real industry for the long term, Janak invests time in building trusted working relationships with clients who he keeps well-informed with market variables, recent leasing and sales deals, and new listings as they come to the market.
Janak finds the qualities most valued by his clients are reliability, accountability, strong market knowledge, initiative and integrity and he has those spades. He brings the added quality of speaking fluent Guajarati which is of great value to his West Indian clients.