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7F Owens Place

Bay of Plenty
2
2
N/A
216sqm
N/Asqm
7F Owens Place Bay of Plenty
Auction
Thursday 4th June - 2:00PM
proudly marketed by
Associated Realty Ltd MREINZ
Dual Income - Fully Leased - High Exposure
Investment Summary: An increasingly rare opportunity to secure a dual-income industrial unit and adjoining residential apartment. Fully leased and returning a combined net income of $40,020 per annum, this property offers both diversification and stability for investors. The Property: The building comprises a high-stud height workshop with its own amenities, dual roller doors for drive-through and parking, complemented by a well-presented, self-contained two-bedroom apartment complete with a lock-up garage. Construction is solid tilt-slab concrete exterior which has just been repainted, presenting in excellent condition, and the property boasts an A-Grade 95% NBS seismic rating. Configuration & Appeal: Properties offering a combination of industrial workspace and residential accommodation are seldom available and consistently in strong demand. This dual-income setup enhances tenant retention and provides an added layer of investment security. Location: Positioned directly opposite the popular Home Zone Shopping Centre, the property benefits from proximity to major national retailers including Harvey Norman, Noel Leeming, and Warehouse Stationery. With direct exposure to State Highway 2, there is excellent potential for high-profile signage and business visibility. The site also offers convenient drive-around access. Zoning: Zoned Commercial Business, allowing for a wide range of uses including retail, office, and light industrial- supporting long-term flexibility and future tenant appeal. Investment Opportunity: Whether you are looking to strengthen your portfolio or secure an entry-level commercial investment with diversified income, this property ticks all the boxes. Register your interest with Tony Doms today.
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