sold
View 4+
1 of 9
Sold Property
m2
$368,000
Ken Walter Harcourts Tauranga Central
Rachel Griffiths Harcourts Papamoa
Unit 7/1086 Papamoa Beach Road, Papamoa
Commercial retail property
$380,000 Plus GST (if any)
Property Details
Here is a great opportunity to purchase this unit situated in a prime location close to the beach on busy Papamoa Beach Rd.
The unit is part of this purpose-built freehold Strata property situated in this tightly held and sought after Bay of Plenty beachside location.
- Well established tenant, the Caffeine bar, since 2014
- Nett lettable area approx. 60m2 with 2 covered carparks
- Net Income pa: Total $15,315/year (plus GST, Body Corp fees, Rates and utilities
- Final Expiry: 31 January 2027
- Zone: Commercial Retail
- Annual ratchet clause
- Seismic Grade A+Rating
To view documents in relation to this property, please visit:
https://www.naiharcourts.co.nz/Property/966508/TG57184/7-1086-Papamoa-Beach-Road#documents
Property ID: #TG57184
Office
m2
Sold Property
Unit 7/1086 Papamoa Beach Road, Papamoa
Commercial retail property
$380,000 Plus GST (if any)
Property Details
Here is a great opportunity to purchase this unit situated in a prime location close to the beach on busy Papamoa Beach Rd.
The unit is part of this purpose-built freehold Strata property situated in this tightly held and sought after Bay of Plenty beachside location.
- Well established tenant, the Caffeine bar, since 2014
- Nett lettable area approx. 60m2 with 2 covered carparks
- Net Income pa: Total $15,315/year (plus GST, Body Corp fees, Rates and utilities
- Final Expiry: 31 January 2027
- Zone: Commercial Retail
- Annual ratchet clause
- Seismic Grade A+Rating
To view documents in relation to this property, please visit:
https://www.naiharcourts.co.nz/Property/966508/TG57184/7-1086-Papamoa-Beach-Road#documents
Property ID: #TG57184
Ken Walter Harcourts Tauranga Central
Rachel Griffiths Harcourts Papamoa
Office Harcourts Tauranga Central
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
$625,000 247b State Highway 2, Bethlehem, Bay of Plenty 3110
Share