Unit 8, 1086 Papamoa Beach Road, Papamoa Beach, Tauranga, Bay of Plenty

Unit 8, 1086 Papamoa Beach Road, Papamoa Beach, Tauranga, Bay of Plenty Beachside tenanted investment opportunity

Located on popular Papamoa Beach Road, this commercial retail unit is part of a mixed use residential/commercial unit title property. Situated in a unique, tightly held and sought after Bay of Plenty beach side location with a Seismic Grade A+ rating!

Asking price: $468,000 + GST (if any)

Area (approx.): 87m2 plus two covered secure carports

Annual rental: $19,776 p.a + GST and Outgoings

Rent increases annually and market rent review on renewal.

Well established beauty salon tenant since 2020.

Renewal date: 29 June 2025

Rights of renewal: One (1) of five (5) years from 29 June 2025

Final expiry of the lease: 28 June 2030

An extensive information pack is available - please contact the agent today!