A multi-faceted asset with options and income streams
This comprehensive 6976m2 on the burgeoning Pyes Pa side of Tauranga city spans a variety of income streams, options and opportunities.
The spacious (over 300m2) tastefully refurbished 1960s large brick dwelling has wide patio and decks and outlook over the city and beyond. A self-contained area within the main home is currently rented. There are two basement garages. Gabion and timber walls and a separate entrance to the fully fenced home grounds provide privacy. The home could be lived in while you benefit from the other incomes on the property or, if rented out, would add to the existing income sources.
A separate complex of two insulated, lined, concrete floored spaces plus two carports has operated as a coffee roastery and would be ideal for a boutique retail, or niche importing or manufacturing business. Situated with easy access from the home this building has several angle parks right outside.
The current main income earner on the property is the lease of high-quality hospitality premises with commercial kitchen, ample covered and open outdoor areas and plenty of carparking. The lessees operate a popular local café. A chiller and a container office are incorporated in this complex.
The buildings and infrastructure are all on the front half of the land. The other half (approx.) is flat lawn which slopes alongside the rapidly expanding Lakes residential area. Tauranga Crossing retail and recreational centre, the Tauriko industrial park and the thousands of residents that call The Lakes home all add to the market for any business operating here and provide peace of mind and enhanced possibilities for potential purchasers.
An intriguing opportunity to reap the rewards from a unique multi-faceted property in a popular location with plenty of passing traffic.