14 Hamurana Road, Omokoroa, Tauranga & Surrounds

Outstanding Omokoroa opportunity!

• Split-risk Tauranga investment asset
• Potential home and income options
• Strategic suburban satellite location
• Annual Net Rental circa $62,437 + GST
• C Grade Seismic Rating / 55% NBS
• 491sqm building area / 642sqm site (more or less)

Positioned in the heart of the booming harborside residential precinct of Omokoroa, this fully leased, multi-tenanted commercial property comprises the major building in a neighbourhood convenience centre that includes a diverse mix of long-established retail, office and residential tenancies

The building is predominately a single storey structure with six tenancies that includes a subtenant, plus a three-bedroom first floor flat and basement garage/storage areas. The site occupies a prominent profile corner with excellent frontage and exposure to Hamurana Road and McDonnell Street.

Given the current exceptional growth Omokoroa is experiencing from both residential and pending commercial developments, this is an affordable investment that provides a strong passive income with potential future mixed use redevelopment options for an astute investor!