Available PropertyFiles:

Approved Sale & Purchase of Real Estate_2-10 Rushgreen Avenue.pdf
BWOF and Compliance Certificate.zip
ISA Report_Rushgreen Avenue.pdf
Leases.zip
PropertyFiles.zip
Record of Title.pdf
Roof and Power Board works.zip
Rushgreen Avenue 2-10_Information Memorandum_21.11.2024.pdf
Rushgreen Avenue 2-10_LIM Report.zip
Rushgreen Avenue 2-10_Tenancy schedule.pdf
Water Meter Notice.pdf

Property Description

Key features:
• Fully leased, multi-tenanted property with a net lettable area of 1,229.70sqm (approximately) on a freehold land parcel of 4,741sqm (more or less)
• Nine ground floor retail tenancies including one with residential accommodation, plus two first-floor office tenancies
• Substantial car parking providing convenience for tenants and customers
• Combined net annual income of approximately $222,286pa plus GST
• Located in a favourable Business - Neighbourhood Centre zone
• NBS rating of 70%, Grade-B
• Strategic corner location at Rushgreen Avenue and Elliot Street in Papakura

Locally known as the 'Pahurehure Shops', this suburban shopping centre is on the market for the first time in 27 years, offering a unique chance to acquire a prime commercial property.

This substantial retail/commercial convenience centre with future development potential is close to Papakura CBD and major Southern motorways. It generates a combined annual income of circa $222,286pa plus GST and is fully occupied by a diverse range of tenants including a superette, liquor store, bakery, takeaway, chemist, laundromat, cheese factory, hairdresser and a couple of professional offices.

Investors will appreciate the steady income from multiple tenancies, offering cash flow stability and future rental growth opportunities. The diversity of occupants adds resilience to your portfolio. Land bankers and developers should explore the future development potential to maximize this property's value.

This is a must-see for investors, land bankers, and developers. Act now to secure this exceptional opportunity!

For more information or to arrange a viewing, contact us today.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.

Terms of Supply

The 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 Piyush Kumar

Bayleys Real Estate Limited

Licensed under the REA Act 2008

027 410 4750 piyush.kumar@bayleys.co.nz All Listings

Piyush Kumar has an astute head for business which gives him a clear advantage in his role as commercial, retail and industrial sales and leasing agent with Bayleys Counties.
Extensive management experience in convenience retailing, account management in the highly competitive telecommunication arena plus prior experience in the hospitality industry have provided Piyush with an invaluable business platform from which to launch a career in property.
Specialising in the commercial, retail and industrial areas of Manurewa, Takanini, Clendon and Papakura, Piyush is bringing his strong communication skills, finely honed client service mentality and analytical approach to the real estate table.
“I’ll be walking the walk and talking the talk through hard work, dedication, and loyalty towards clients. I aim to provide honest feedback, regular follow-up and to identify a smart, logical plan to ensure that the deals are done,” says Piyush.
As an integral member of the Bayleys Counties commercial, retail and industrial team, Piyush works closely with his colleagues in the wider Bayleys network - across Auckland and nationally - to ensure that no stone is left unturned in the quest to achieve great outcomes for his clients.
With a Degree in Economics, and a Diploma in Hotel Management coupled with front line experience across the hospitality, retail sales and account management fields, Piyush understands the importance of good time management skills and exceeding client expectations.
“Establishing strong working relationships with my clients is fundamental to good business. I pride myself on staying up-to-date with property market trends and the economic environment which allows me to put the current real estate market into context for my clients,” says Piyush.
Able to add value to his clients real estate transactions by utilising Bayleys’ innovative marketing initiatives, extensive networks and databases and broad knowledge base, Piyush keeps abreast of new ideas and technology, to make the selling and buying of real estate faster, cost-effective, and more streamlined.
Piyush is a trusted professional who handles commercial, retail and industrial real estate sales and leasing with integrity and intelligence.

Contact Peter Migounoff