Unit 11/42 Gravatt Road, Papamoa, Tauranga & Surrounds

Solid returns on investment: Amazon

Prime opportunity to purchase Unit 11, 42 Gravatt Road, in the coveted Fashion Island retail complex in Papamoa. This unit is tenanted by national surf, skate, streetwear retailer Amazon with some 23 stores and over 300 staff. Amazon commenced a 3 year lease on 1 May 2021 with a current final expiry of 30 April 2024. Maybe an opportunity to extend this tenancy on expiry or could suit a future owner occupier!

This unit is one of twelve remaining for sale at Fashion Island - a purpose-built unit-titled property in the popular Bay of Plenty beachside neighbourhood of Papamoa. It is home to 19 businesses including strong international apparel brands, local beauty and fashion-related service providers, and popular food outlets. Built in rental increases every year provide fixed growth to these superb assets. The centre was extensively upgraded and refurbished in 2017, which also included the shopfront facade to create a distinctly recognisable destination shopping centre. Shoppers can easily find a park with the convenience of 122 car parks shared on site. Investors can buy with the confidence of an A-grade seismic rating and low-risk construction materials.

Call Team Bradley today for an information pack