Unit 10/32 Turiwhatu Street, Papamoa, Tauranga, Bay Of Plenty

Situated within a commercial growth location with direct road frontage, Unit 10/32 Turiwhatu Street presents a straightforward investment opportunity with an established tenant and immediate income. The unit comprises approximately 69.7 sqm of floor area, complete with a consented restaurant fitout and two exclusive car parks. Its road frontage position provides strong visibility, while the commercial zoning supports a wide range of uses.

Returning $33,275 plus GST per annum with guaranteed rental growth built into the lease, the property offers reliable, increasing income in a location that continues to attract occupier demand. Opportunities at this price point, with a consented fitout and tenanted income already secured, are increasingly hard to find. At $605,000 plus GST (if any), this is a sensible option for investors looking to enter or grow their commercial portfolio.

Contact Rich Davidson or Dan Rae for more information.

Features:

• Total floor area: 69.7m² (approx.)
• Current rental: $33,275 + GST
• Two exclusive car parks
• Established tenant
• Consented restaurant fit out
• Road frontage location
• Commercial zone
• Growth location

For Sale by Asking Price of $580,000 + GST (if any)

More information: https://www.colliers.co.nz/p-NZL67038648