Commercial

PRICE REDUCED: Sweet Little Investment

Unit 10/32 Turiwhatu Street, Papamoa

Retail Property
dollar

$580,000 Plus GST (if any)

Floor area
69.7m²

Map

Property description

Listing # RX5220147|Listed on 24 June

Situated within a commercial growth location with direct road frontage, Unit 10/32 Turiwhatu Street presents a straightforward investment opportunity with an established tenant and immediate income.



The unit comprises approximately 69.7 sqm of floor area, complete with a consented restaurant fitout and two exclusive car parks. Its road frontage position provides strong visibility, while the commercial zoning supports a wide range of uses.



Returning $33,275 plus GST per annum with guaranteed rental growth built into the lease, the property offers reliable, increasing income in a location that continues to attract occupier demand.



Opportunities at this price point, with a consented fitout and tenanted income already secured, are increasingly hard to find. At a REDUCED PRICE of $580,000 plus GST (if any), this is a sensible option for investors looking to enter or grow their commercial portfolio.



Contact Rich Davidson or Dan Rae for more information.



Features:


  • Total floor area: 69.7m² (approx.)
  • Current rental: $33,275 + GST
  • Two exclusive car parks
  • Established tenant
  • Consented restaurant fit out
  • Road frontage location
  • Commercial zone
  • Growth location



For Sale by Asking Price of $580,000 + GST (if any)

Your notesYour notes
CPS Partnership Ltd (Licensed: REAA 2008) - Colliers Tauranga Commercial

Rich Davidson

Licensee Salesperson | CPS Partnership Ltd (Licensed: REAA 2008) - Colliers Tauranga Commercial
108 active listings
CPS Partnership Ltd (Licensed: REAA 2008) - Colliers Tauranga Commercial

Dan Rae

CPS Partnership Ltd (Licensed: REAA 2008) - Colliers Tauranga Commercial
160 active listings

Contact the agent

Name*
Phone*
Email*
I'd like to enquire about:

By continuing, you agree to our terms of use and privacy statement.