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Papamoa Beach
Mt Maunganui / Papamoa
Affordable Investment Opportunity
- 333sqm warehouse with strong lease in place
- Shortage of good investment stock in the region
- Quality construction - tilt slab and coloursteel
- Well-presented quality warehousing and office accommodation
A very tidy 295sqm warehouse with ground floor office of 19sqm and first floor office/lunchroom of 19sqm.
Steel portal frame with tilt slab walls and Coloursteel and Zincalume cladding and a stud height of over 6 metres.
The warehouse has access through a motorised roller door and pedestrian access and contains a supertub.
The ground floor office has carpet floor covering and a pedestrian door whilst the first-floor office/lunchroom has a fitted sink bench and lino flooring.
The existing tenants, who have leased the property since 2014, have accepted a new lease commencing 1 September 2021 on a 3 X 3 X 3 basis at $48,000.00.