3 McDonnell Street, Omokoroa presents an opportunity to secure a freehold, multi-tenanted mixed-use investment within one of the Bay of Plenty's most desirable and rapidly growing coastal communities.
Occupying a 612sqm (more or less) freehold site with commercial zoning, the property is improved by a two-storey building with a total floor area of approximately 202sqm. The improvements comprise two ground floor commercial tenancies, being Omokoroa Minimart & Takeaways and Oswalds Cafe, together with an upstairs flat enjoying harbour views. This configuration provides a diversified, split-risk income stream.
Key features:
Freehold landholding of approximately 612sqm with commercial zoning
Multi-tenanted mixed-use investment with a favourable north-facing aspect
Diversified income from established ground floor retail and hospitality tenancies servicing the local catchment, plus a residential flat upstairs with harbour views
Adjoining public carparking via the McDonnell Carpark
Future seismic strengthening requirements may present add-value potential for investors or developers
Rear yard area provides flexibility for parking, storage, or future improvements
Positioned within the high-growth coastal community of Omokoroa
For further information, including the Information Memorandum and full tenancy details, please contact Christy Arundel or Ivy Shen.
