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Papamoa Beach

4/42 Gravatt Road, Papamoa Beach, Tauranga & Surrounds

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149sqm Floor area

For Sale by Negotiation

Occupy or invest: Seriously for sale!


An excellent opportunity to secure a commanding position in the popular Fashion Island shopping centre with the acquisition of Unit 4, 42 Gravatt Road, Papamoa. Currently leased to Majestic Nails until October 2025, this is an opportunity to buy with an eye to taking advantage of the final expiry next year and securing this prime position for your business. Alternatively this will stack up as an investment with good returns and the opportunity to offer the current tenant further rights to renew or re-lease. The Fashion Island Shopping centre is a solid investment with an A-grade Seismic rating and low risk tilt slab construction so you can buy with confidence here. The current owners have another opportunity they are very keen to pursue so this unit will be seriously for sale on Auction day, be there to take advantage!

Ryan Bradley

Ryan Bradley

Commercial and Industrial Sales and Leasing

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

Brendon Bradley

Commercial Sales and Leasing

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

Features

Floor area details


148.8sqm (approximately)

Seismic (NBS rating)


A-Grade: 80% NBS

Lease


$59,038 + GST and OPEX

Zoning


Commercial

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