2-10 Rushgreen Avenue, Pahurehure, Auckland Suburban 'Pahurehure Shops' for sale, Papakura

Available PropertyFiles:

  • BWOF and Compliance Certificate.zip
  • Leases.zip
  • PropertyFiles.zip
  • Roof and Power Board works.zip
  • /Information Memorandum/
    • Rushgreen Avenue 2-10_Information Memorandum_21.11.2024.pdf
  • /LIM Report/
    • LIM Report.zip
  • /Record of Title/
    • Record of Title.pdf
  • /Sale and Purchase Agreement/
    • Approved Sale & Purchase of Real Estate_2-10 Rushgreen Avenue.pdf
  • /Seismic Report/
    • ISA Report_Rushgreen Avenue.pdf
  • /Water Meter Notice/
    • Water Meters.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!

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Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

It is no surprise due to the continuing growth of the business that Tony is now supported by Janak Darji, Gaurav Minhas and Manu Pundir who each bring their own wealth of knowledge and expertise to the team. Tony’s proficiency in Hindi, Punjabi, and English, plus an understanding of Gujarati, allow him to gain people’s confidence and give him the edge in negotiations. Janak also speaks Gujarati and Gaurav also speaks Punjabi, Hindi and Fiji-Hindi.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.