Positioned within Papamoa’s tightly held industrial precinct, this property offers a compelling investment opportunity with stable income and future upside. The 630m² (approx.) building is situated on a 1,126m² commercially zoned site and returns a current net rental of $123,348 plus GST per annum, with convenient access to key arterial routes.
The asset comprises a substantial warehouse tenancy alongside a self-contained two bedroom flat, delivering a diversified income stream from a single holding. The commercial lease provides for regular rental growth, while the existing tenant fit-out enhances value with no immediate capital expenditure required.
The configuration also presents flexibility, with the ability to reinstate into two separate tenancies if desired, supporting a broader tenant profile and strengthening long-term income resilience.
Well presented and strategically located, 27 Enterprise Drive represents a quality investment in a high-growth Bay of Plenty location, appealing to both established and emerging commercial investors.
Contact Rich or Rob for more information and to arrange a viewing.
Features:
- Floor area: 630m² (approx.)
- Land area: 1,126m²
- Current net rental of $123,348 + GST p.a.
- Large warehouse tenancy plus two-bedroom flat
- Regular growth provisions on commercial tenancy
- Extensive tenant fitout in place
- Warehouse reconfigurable to two tenancies
- Zoned commercial
- Close to main arterial routes
- Tightly held Papamoa location
More information: https://www.colliers.co.nz/p-NZL67040618
