Developers forming their plans for 2016 should seriously consider this opportunity to create a commercial centre in Takanini, South Auckland.

A 7605sqm piece of land is offered for sale by tender. It is made up of seven titles and already has an approved commercial resource consent in place, dated June 2014.

The consent allows for the development of a commercial centre with a 2683sqm floor area accommodating a range of activities, including, but not limited to, retail, medical and hospitality.

NAI Harcourts sales consultant Jon Whisker says there is no need for a lengthy development and approval process with this investment.

Whisker says a residential dwelling currently sits on six of the seven titles, each returning a steady rental income. In total the land as a whole has a holding income of approximately $100,000 per annum.

 “That means you have approximately $100,000 coming in while you obtain building consent.”

The land is strategically located between residential and commercial zones and is adjacent to the southern motorway on and off ramps.

It is a main arterial location, with three road frontages, meaning maximum exposure.

The land is also adjacent to an established medical centre, making it a well-known and established destination for the local community.

Whisker says the establishment of a commercial centre, with a relevant mix of shopping options, would be embraced by the community, making it a very desirable investment option.

“You just can’t miss it. Being very close to the motorway on and off ramps, just several hundred metres from the train station and neighbouring medical centre, this is a main thoroughfare location.”

The seven titles being offered for sale are: 108 Great South Road (1,120sqm); 110 Great South Road (1011sqm); 112 Great South Road (964sqm); 2 Manuroa Road (1,219sqm); 4 Manuroa Road (413sqm); 3 Manuia Road (1,467sqm); 5 Manuia Road (1,411sqm).

5 Manuia Road is a vacant lot. The rest hold tenanted residential dwellings.

The land is a level contour and has access to all public facilities.

The properties are being offered to the market by tender as a single offering, which closes at 4pm on Thursday 25 February.

Current zoning is Urban Residential 1, but under the Proposed Unitary Plan will be Single House & Mixed Housing Surburban.