A modern industrial office unit with street frontage, forming part of the Totara Business Park in Central Mount Maunganui Industrial area.
• Built in 2003 (approx.) and refurbished in 2019 the building is currently tenanted by Baycom Communications Limited
• Baycom have been a tenant since 2016 and have a current lease until 30 June 2029
• The premises is rented at $73,500pa plus GST plus Outgoings
• The property is Stratum in Freehold and is subject to Body Corporate Administration
• This is an exceptional property and an ideal Investment for any parties wishing to add a quality Industrial premises to their portfolio
• Investors can expect to secure this property with a return of over 5% (net)
Contact the sole agents today for more information or to arrange a viewing.