6/4 Ashley Place, Papamoa, Tauranga, Bay Of Plenty

PAPAMOA COMMERCIAL INVESTMENT- DEADLINE SALE

Looking for an investment that has history of rental security?

A well-designed commercial property that has 3 separate tenancies that have provided the owner with continued income and a history of full occupation after issue of Code of Compliance for the build in 2021.

The current tenants have secured further terms from July 2025, reinforcing that an investor can take confidence they have the right tenants with a business model that can provide stability.

*Tenant 1 - Future Focus is a name that has grown in Papamoa, providing quality early childcare centres. . They now have 6 childcare centres in operation since 2019 and love what the space in this building provides them for their administration needs.

*Tenant 2 - Mount Brows expanded their business to provide online purchase of beauty products and use the 60m2 warehouse for storage and distribution. This is their second term renewed in July 2025.

• Current annual Gross rental of $55,083, Net rental of $46,524 + GST
• OPEX is built into the lease payments and paid monthly.
• North facing sunny unit.
• The site offers drive round access and heavy goods park
  Bays.
• The Tenancies are of a high standard fully self-contained
  with kitchen and toilets. First floor tenancy includes a
  Galley Kitchen and shower.
• Floor areas - Ground floor office 30.4 m2 - First floor office 57.9m2 - Warehouse 60m2.

The location of Asley Place in expanding Papamoa proves popular with the business zone allowing a mix of industrial commercial and apartment development. Access to the eastern expressway further enhances this location.