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Description: Positioned on the industrial side of busy Newton Street, 94a Newton Street presents a compelling opportunity for owner-occupiers and investors alike. This two storey unit offers genuine versatility across 327.91m² of building area. It sits on a 231m² freehold title and has four on-site car parks.
The 164m² ground floor is configured for industrial use, providing flexible workspace suited to a wide range of business operations. The 136m² first floor is set up as offices and staff amenities, and a 27.91m² mezzanine adds useful additional space.
A tenant currently occupies approximately 85m² at the rear of the ground floor on a month-to-month basis, paying $1,913.04 + GST per month. The tenant has indicated they are happy to stay on, giving a purchaser the flexibility of retaining the tenant or purchasing with vacant possession.
This is a unique chance to secure a versatile freehold asset in a high-profile Mount Maunganui location. Whether you are an owner-occupier seeking premises that work as hard as you do, or an investor looking for upside, this property warrants consideration.
Contact Simon or Chantalle for further information.
Features:
- Building area: 327.91m²
- Land area: 231m²
- Four on-site car parks
- Freehold title
- Option to retain the existing tenant or purchase with vacant possession
- Close to the Port of Tauranga
For Sale by Asking Price of $1,100,000 + GST (if any)
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