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Prime Papamoa Freehold Investment

2B Ashley Place, Papamoa

Industrial Buildings
dollar

$2,295,000 Including GST (if any)

Floor area
616m2
Land area
771m2
Title type
Freehold
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Property details

Listing # RX4752219 | Listed on 17 October 2025

To be sold plus GST (if any).

This property presents a compelling opportunity for both astute investors and future owner occupiers looking to secure a quality asset in a proven location.



Returning a total net rental income of $133,580 per annum + GST, the property reflects a yield of approximately 5.82% based on a purchase price of $2,295,000, delivering a strong and reliable income stream from day one. With leases in place for all three of the units, there is also flexibility if needed for the new owner to take the occupancy of the small unit or the larger one.



Comprising three units, each offers well appointed office spaces, showers, and kitchenettes, providing all the infrastructure required to support a modern business. The building design also allows for efficient warehousing with the ability to incorporate high stud storage, maximising usable floor area across each tenancy.



Positioned within what is widely known as New Zealand’s Golden Triangle, the property benefits from excellent connectivity to key centres including Auckland, Hamilton, and Rotorua, reinforcing its long term strategic appeal.



For investors, the appeal is immediate. With established leases in place across three of the units, the asset provides secure cashflow from settlement, minimising vacancy risk while offering the potential for future rental growth and long term capital upside. It is a well balanced investment combining stability, performance, and future opportunity.



For owner occupiers, this opens the door to secure the property now, benefit from holding income, and operate your business on site either immediately or in the future without compromising on short term returns.



Set on 771sqm more or less of freehold land, plus a 1/7 share of 912sqm more or less, the property also offers potential for future unit title options, subject to consent, adding another layer of long term value.

Whether you are looking to strengthen your portfolio with a dependable income producing asset or secure a future premises for your business, this is a smart, versatile investment that delivers on both fronts.



  • 771sqm (more or less) of freehold land plus a 1/7th share of 912sqm (more or less)
  • 3 x Tenancies(flexibility for owner occupied if needed)
  • Fantastic location, one of the fastest growing regions in New Zealand
  • Modern building with easy access, staff facilities, and design enabling high shelving to maximise storage opportunity within the floor area of each unit.
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