Double dip investment
- Two freehold commercial properties, totaling 3,505sqm land, to be sold together
- Three established tenants returning an annual income of $175,590 plus GST
- Multiple use building layouts including mix of warehouse, office and first floor apartment at 10B Roxanne Place, constructed in 2009
6 Roxanne Place provides accommodation for Fliways Transport, single level building with multiple roller doors and loading docks.
10A Roxanne Place comprises a high stud warehouse, generous ground floor offices and first floor three bedroom apartment. Recent lease to a furniture distributor.
10B Roxanne Place leased to Black Chilli Design, provides quality warehouse plus office and amenities for this tenant.
Commercial zoning allows for flexible uses for a range of business operators and access to SH29 provides convenient traffic movement through to Mount Maunganui, Tauriko and Tauranga link roads.
Investors/future occupiers looking for upside must consider options here, with expectant sale yield well above bank rates.