Grant White

This is a very unique land investment opportunity with the long term rental income from a large elderly hospital and rest home facility with the future potential for development / capital gain of this huge corner 3,231m² corner site within a stone's throw of the CBD Tauranga. The very substantial buildings have been well maintained and have an A-Grade seismic rating for real peace of mind. These buildings are leased on a long-term basis to a very experienced operator who has managed facilities like this for decades.

There is also the option under the terms of the lease to redevelop the whole property much earlier. Such a large strategic land holding rarely comes available especially with such strong positive cash returns but also allowing the option to realise it's true development value in the near future.

Located on the corner of Valley Road & McDowell Street, Mount Maunganui, only a short 300m stroll to the very popular Omanu beach.  This property which was originally a 7 unit family motel with attached owners house is sitting on a very unique and valuable residential corner site of 1,561m².  It is currently fully managed and is leased out to long term residential tenants which creates a substantial rental income.

The zoned opportunities with this property are quite broad and will appeal to a multitude of potential buyers, investors looking at steady rental income or developers of medium to high density residential housing in this prime beachside location.

The first option will be to continue renting out each unit for long term basis to enjoy the estimated $191,000 pa gross rental and look for further capital appreciation in this large site or development over time.  

Second potential option for the new owner would redevelop the site in 7 to 10 high quality residential terraced or standalone houses while utilizing the great rental income during planning and applying for consents before construction starts.

This could be the opportunity you have been waiting for.

Suitable for an owner operator managed business or a very good add on to another successful business. The staff within the business are well trained and cover all areas of business operations.

Located in a great area of the Bay of Plenty with the original / current owners enjoying the huge growth that the bay has to offer.

The big benefit of this business is the extremely well presented plant and equipment which has a registered valuation of $1,886,000. The plant has been purchased new with the owners vision of expansion currently very possible with the extra plant to create an even higher turnover and profit which currently sits close to $1m and net profit very close to $500k. This is all possible without spending more money on plant and equipment.

This business can be relocated within the Bay area as lease terms are very flexible.

If you have good business practice skills then this may well suit you.

Information on the business will only be released on signing a confidentiality agreement. 

If you want "location location", Harbour City Motor Inn has it all, right in the centre of Tauranga CBD surrounded by office buildings, shops, restaurants, bars, cafes and across the road from Baycourt Conference Centre as well as close to the new waterfront precinct. This is a modern, 20 unit motel with a conference venue plus 20 onsite carparks, and a spacious three-bedroom operators home. This long-term lease runs through to July 2045 with a net rental of $270,000 and also includes the tenant contributing to a maintenance fund, makes this a very secure, long-term investment for all types of property investors.

The property offers a single level commercial building providing three retail tenancies located on State Highway 2, opposite the well known Bethlehem Town Centre shopping precinct. Each of the tenancies have a long term tenant history in this location of 20 plus years each. Car parking onsite is well catered for with shop frontage customer parking and rear parking for staff - all the parking areas are bitumen sealed.  

Bethlehem is located approximately 6.5km West of Tauranga Central business district.  

The surrounding area incorporate the Bethlehem Town Centre along with large areas of residential subdivisions and a number of retirement villages.  

SH2 is the feeder road from Tauranga to Bethlehem, Te Puna, Omokoroa, Waihi Beach and town. The highway continues on to Auckland. 

Call Grant or Simon today. 

This is a unique childcare investment in the growth Bay of Plenty township of Te Puke with a very large site and substantial buildings which are leased on a long-term basis to a large national childcare operator Evolve Education Group.

This centre is fully consented for use as a 100 child facility and offers large outdoor areas, parking areas and further undeveloped land for expansion, possible subdivision or development.

This investment offers a great return of 7% which is almost impossible to find with such substantial land, buildings and long-term lease in this growth location.