Seize the chance to secure a quality commercial investment in the heart of Papamoa, one of the Bay of Plenty’s fastest-growing suburbs.
Perfectly positioned on Papamoa Beach Road, this well-presented unit offers outstanding street profile and high visibility, ensuring ongoing tenant appeal. A new five-year lease is in place with a long-standing tenant, providing immediate income and long-term security.
With annual rental growth built into the lease and interest rates trending downward, this is a smart, strategic acquisition for investors. Whether you're looking to purchase your first commercial asset or expand your existing portfolio, this opportunity delivers location, stability, and upside in equal measure.
Commercial investments in Papamoa are rarely available and tightly held, don’t miss your chance to secure a foothold in this thriving coastal hub.
Features:
- Floor area: 87m²
- Annual net income: $21,609.79
- Annual rental growth
- New 5 year lease term
- Huge road profile
- High population growth rate
More information: https://www.colliers.co.nz/p-NZL67035410