SOLD - $2,875,000 -
Bayleys Tauranga is proud to present 2 Boeing Place, Mt Maunganui for sale by Auction, 13th August 2025 (unless sold prior).
The vendors instructions are clear - this prime multi-tenanted investment property is to be SOLD!
A rare opportunity to acquire a freehold, multi-tenanted industrial investment in one of New Zealand's most sought-after commercial and logistics hubs. With no body corporate and a diversified income stream, this high-performing asset offers strong, passive returns with long-term upside.
Key Features:
- Freehold 1,500sqm north facing corner site with dual street access
- 1,004sqm (approx.) of total building area
- Four separate tenancies occupied by three established tenants
- Returning $170,244pa + GST
- Dual access and generous yard/parking areas
- Functional warehouse and office layouts
- No body corporate - freehold ownership structure
Mt Maunganui is one of New Zealand's most in-demand industrial locations, offering:
- Immediate access to Port of Tauranga, the country's largest and busiest export port
- Close proximity to major transport routes and Tauranga Airport
- Exceptionally low vacancy rates and strong tenant demand
- A thriving regional economy with proven long-term growth
This high-performing location supports strong rental returns and long-term capital gain - a smart choice for any commercial portfolio.
This property is perfect for investors seeking a hands-off, income-producing asset in a premium location with potential for long-term capital growth. Quality industrial property like this are in high demand so don't miss out.
Contact Myles Addington on 021 622 229 today for further information or to arrange a private inspection.