22 Rerewai Place, Mount Maunganui, Tauranga, Bay Of Plenty

An excellent opportunity has emerged to secure a modern, low-maintenance industrial property in the heart of Mount Maunganui’s sought-after industrial precinct. This 1,500m² leasehold site features a well-designed 1,000m² (approx.) building, including a 735m² high-stud warehouse, ideal for manufacturing, storage, or logistics operations.   Currently leased to a successful local boat designer and builder, the property generates a net rental of $84,145.22 plus GST & OPEX (after the ground lease is deducted). With approximately 18 months remaining on the lease, this is an ideal opportunity for investors seeking a high-yield return or businesses looking to secure a quality premises for future occupation.   The central Mount Maunganui location provides excellent connectivity to major roadways and arterial routes, ensuring easy access for distribution and logistics. Constructed from quality, low-maintenance materials, this property offers both functionality and long-term value.   Asking price: $899,000 plus GST (if any).   For more information or to arrange a viewing, contact the sole agents Rich Davidson or Rob Schoeser.

Features:

• Total land area: 1,500m² (leasehold)
• Total building area: 1,000m² (approx.) Including a high stud warehouse of 735m²
• Current rental: $84,134.78 + GST & OPEX (after ground lease is deducted)
• Ample carparking
• Modern building
• Prime location
• Versatile building layout

For Sale by Asking Price of $899,000 + GST (if any)

More information: https://www.colliers.co.nz/p-NZL67032721