3 Lockington Road, Aongatete, Western Bay Of Plenty

Booming Bay of Plenty

- Prime freehold corner site on State Highway 2
- Split risk industrial and residential tenancy mix
- Total annual net rental $42,724 + GST

This 1650sqm rural zoned site is the ideal entry level investment. It has excellent profile on SH2 located 7km south of Katikati and a short 20 minute drive to Tauranga. A well established industrial tenant in the front workshop and a three bedroom residential dwelling to the rear, will appeal to both passive investors as well as buyers looking for a home and income opportunity.

With the potential to refurbish the existing accommodation or develop the vacant land to the rear of the property, astute buyers will recognise this asset has plenty of scope to add value. If you are looking for a favourable return on an affordable investment then call today and invest in the Bay!