55 Golf Road

Mount Maunganui Bay of Plenty

187 m²

600 m²

House

Currently for sale - view listing

Overview

Deceased Estate Sale

A versatile investment opportunity with significant upside, offering the flexibility to continue as a well-established business centre or convert back to a home or accommodation, ideal for an astute investor or owner-occupier seeking future potential. The Golf Road Business Centre presents a proven, well-configured commercial investment in a highly sought-after Mount location, currently returning $87,378.90 per annum plus GST, with two offices vacant providing immediate leasing upside. Extensively upgraded, the property offers a modern and functional business environment, comprising nine individually air-conditioned offices, four kitchenettes, shared amenities, a boardroom, and comprehensive network cabling throughout. Designed to suit sole traders and small businesses, the property has demonstrated strong occupancy, supported by several established tenants and consistent demand for quality, smaller-scale office space in this tightly held area. Positioned within a growth location experiencing ongoing development, the asset offers genuine long-term potential. Options include maintaining the existing income stream, leasing the remaining vacancies, land banking, or exploring redevelopment opportunities. There is also potential to convert the property back into a residential dwelling in this premium coastal setting. A flexible, income-generating asset with multiple avenues to add value. To view the property files copy and paste this link - https://www.propertyfiles.co.nz/property/RX4928644