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6/4 Ashley Place, Papamoa

Industrial Buildings
dollar

Deadline Sale

Land area
107m2
Title type
Unit Title
Other park
2
New build
New build
On this page:

Deadline sale

Friday
4:00pm
28
Nov

Map

Property details

Listing # R604 | Listed on 31 October

Deadline Sale closing 28 November 2025 - Papamoa Commercial Investment

Looking for an investment that has history of rental security.

A well-designed commercial property that has 3 separate tenancies that have provided the owner with continued income and a history of full occupation after issue of Code of Compliance for the build in 2021.

The current tenants have secured further terms from July 2025 reinforcing that an investor can take confidence they have the right tenants with a business model that can provide stability.

  • Tenant 1, Future Focus is a name that has grown in Papamoa for early childcare. They now have 6 facilities in operation since 2019 and love what the space provides them for their administration needs.

  • Tenant 2, Mount Brows have expanded their business to offer online purchase of beauty products and occupy the 60m2 warehouse for storage and distribution this is their second term renewed in July 2025.

  • Current annual Gross rental of $55,083, net rental of $46,524 + GST 

  • OPEX is built into the lease payments and paid monthly.

  • North facing sunny unit.

  • The site offers drive round access and heavy goods park bays.

  • The Tenancies are of a high standard fully self-contained with kitchen and toilets. First floor tenancy includes a Galley Kitchen and shower.

  • Floor areas, Ground floor office 30.4 m2, First floor office 57.9m2,          Warehouse 60m2.

The location of Ashley place in expanding Papamoa proves popular with the business Zone allowing a mix of industrial commercial and Apartment development.

Access to the eastern expressway further enhances this location.

Private viewing by enquiry  

 

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