8 Williams St and 31 Selwyn St, Tauranga Central, Tauranga & Surrounds

Rare corner site in Central City

- Land area: 1418m² zoned City Living Residential
- Building area: 310m²
- Tenancy: Three
- Tenure: Periodic

On offer is a 1418m² raised flat corner site in the central city. With the resurgence of interest in inner-city living and the current re-development of the city centre this is an opportunity not to be missed.
There are currently two freehold character properties with a combined building area of 310m². One house resides on 31 Selwyn Street which is currently divided into two rental properties with another house on 8 Williams Street that has one tenancy. The total income from both properties is $44,200 per annum.
It is in the 'City Living Residential' zone which allows for a development of up to 13 metres in height.
This raised corner site has high profile road frontage on both the northern and eastern boundaries and offers dual access which is primed for future redevelopment.
With the CBD on your doorstop and a myriad of development opportunities this an investment opportunity not to be missed.