Premium Retail / Office Investment

74 Grey Street, Tauranga

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Premium Retail / Office Investment | 74 Grey Street, Tauranga | 2301928 |      X Close

Premium Retail / Office Investment

- 1,290m2 part two level retail / office building

- Strategic 1,060m2 freehold city centre zoned site

- Split risk investment with four tenancies

- Prime position in the heart of the Tauranga CBD

- Fully tenanted returning an annual net rental $141,187 + GST

Location is the key to this outstanding Tauranga commercial investment that provides a solid spread of risk from four tenants that include a mix of retail, office and service businesses. The property is producing an impressive annual return of $141,187 and has strong rental growth potential.

Occupying a prime position on the eastern side of Grey Street, the site offers excellent future redevelopment options that includes a maximum building height of 49m in this city centre zoned located. In addition the site has the added bonus of dual access from both Grey Street and Devonport Road.

Astute investors and developers will most certainly recognize the strong attributes of this fully tenanted asset together with the opportunity to reap the rewards of the current and proposed redevelopment and revitalisation of the Tauranga CBD.