Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Mt Maunganui

7D Owens Place, Mt Maunganui, Tauranga & Surrounds

Video
Watchlist
Share
Sold
Slide 1 of 9
1 OF 9
2502262_1.jpg
2502262_2.jpg
2502262_1.jpg
2502262_2.jpg
2502262_1.jpg
2502262_2.jpg
225sqm Floor area

Asking Price NZ$799,000 + GST

 (if any)

Christmas cracker!


Sought-after sized tenancy
Strong occupancy history
Strategic mixed use zoning
Annual Net Rental: $34,344 + GST & OPEX

This property forms part of a six unit-titled development that occupies a prime position in the complex fronting Owens Place. An established tenant has recently commenced a new two-year lease with further rights of renewal.

The premises comprises a well presented two-level commercial unit providing "live and work" options. The ground floor includes a high stud warehouse/workshop area with roller door access plus a partitioned office, showroom and amenities. Upstairs is a large office with a small deck fronting Owens Place together with a one bedroom flat to the rear with amenities which could also be used as offices.

Here is a great opportunity to enjoy an excellent passive income and complete peace of mind with all outgoings including property management fees being paid for by the tenant. This property is seriously for sale and must appeal to both entry-level investors or alternatively future owner-occupiers.

Brendon Bradley

Brendon Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Lynn Bradley

Lynn Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Ryan Bradley

Ryan Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Building area


224.8sqm (approximately)

Tenure


Stratum in Freehold

Zoning


Commercial