27 Enterprise Drive, Papamoa, Tauranga, Bay Of Plenty

Positioned within Papamoa’s tightly held industrial precinct, this property offers a compelling investment opportunity with stable income and future upside. The 630m² (approx.) building is situated on a 1,126m² commercially zoned site and returns a current net rental of $120,730 plus GST per annum, with convenient access to key arterial routes. The asset comprises a substantial warehouse tenancy alongside a self-contained two bedroom flat, delivering a diversified income stream from a single holding. The commercial lease provides for regular rental growth, while the existing tenant fit-out enhances value with no immediate capital expenditure required. The configuration also presents flexibility, with the ability to reinstate into two separate tenancies if desired, supporting a broader tenant profile and strengthening long-term income resilience. Well presented and strategically located, 27 Enterprise Drive represents a quality investment in a high-growth Bay of Plenty location, appealing to both established and emerging commercial investors.   Contact Rich or Rob for more information and to arrange a viewing.

Features:

• Floor area: 630m² (approx.)
• Land area: 1,126m²
• Current net rental of $120,730 + GST p.a.
• Large warehouse tenancy plus two-bedroom flat
• Regular growth provisions on commercial tenancy
• Extensive tenant fitout in place
• Warehouse reconfigurable to two tenancies
• Zoned commercial
• Close to main arterial routes
• Tightly held Papamoa location

For Sale by Asking Price of $2,200,000 + GST (if any)

More information: https://www.colliers.co.nz/p-NZL67040618