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Mt Maunganui

7C Owens Place, Mt Maunganui, Tauranga & Surrounds

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220sqm Floor area

Affordable Mount investment


• 220sqm (approximately) two level premises
• $35,000 + GST & OPEX annual net income
• Tenanted by Global Auto Electrical & Mad Soundz
• Strategic Commercial hub zoning

Discover a versatile 220sqm unit that offers an affordable tenanted investment opportunity for both entry level or seasoned investors alike. The property forms part of a six unit title development that occupies a prime position in the complex fronting Owens Place, directly opposite the Home Zone Shopping Centre.

The premises comprises a two level commercial unit providing "live and work" options. The ground floor includes a front showroom together with an office and toilet/shower facility plus a high stud warehouse/workshop area with roller door access. Upstairs is a self contained two bedroom flat which could also be utilised as offices.

With flexible zoning that supports retail, office or light industrial use plus a residential application, this is a proven passive income earner that must appeal to savvy investors who recognise the potential for future rental upside underpinned by strong tenant demand in this ever so popular Owens Place commercial precinct.

For more information or to arrange an inspection, contact the sole listing agents, Team Bradley today.

Asking Price NZ$699,000 + GST (if any)
Brendon Bradley

Brendon Bradley

Commercial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Floor area details


220sqm (approximately) two level premises

Occupancy


Two tenants - Global Auto Electrical & Mad Soundz

Zoning


Strategic Commercial hub

Passing income


Annual net income - $35,000 + GST and operating expenses

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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