Multi-tenanted investment on large freehold site

Occupying a prominent 2,757sqm freehold site in the heart of Omokoroa, this fully leased commercial investment offers scale, profile, and diversified income from six established tenants including Rising Tide, LiquorLand, Spice Delight and others. The property was originally constructed in 1996 and comprehensively refurbished in 2019, presenting in excellent condition and is one of only a handful of commercial-zoned holdings in this fast-growing coastal community. Key features: • Full occupancy currently returning net rental of $299,027 p.a (+ GST and outgoings) • A hands off investment; professionally management already in place with 100% of outgoings recovered • 2,757sqm freehold landholding with approx. 901sqm net lettable area • Comprehensively refurbished in 2019, modern low-maintenance buildings • Large freehold commercial property with excellent profile to the main road and positioned within the main retail and service hub of Omokoroa • Positioned alongside plenty of supporting amenity including Medical Centre, Supermarket and the Omokoroa Village retail precinct, the site benefits from strong daily traffic flow, plenty of onsite parking for customers and easy access from the main road 168 Omokoroa Road presents a rare opportunity to secure a proven income-producing investment in one of the Bay of Plenty's fastest growing townships. For more information please contact Christy Arundel or Ivy Shen from Bayleys Tauranga today: Christy 027 247 4789 Ivy 021 038 2128