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Pyes Pa

507R State Highway, Pyes Pa, Tauranga & Surrounds

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316sqm Floor area
1,354sqm Land area SQM

Private Treaty

(unless sold prior)

Passive partner opportunity!


•Secure a 50% shareholding in a quality investment
•Strong road profile and excellent on-site parking
•Suit future residential development given zoning

This offering presents a unique proposition to purchase a 50-percent shareholding in a perfect passive investment opportunity with a professional tenant in the high growth location of Tauranga.

The property comprises a standalone purpose built two-level veterinary practice that is occupied by long-established tenant Barkes Corner Veterinary Hospital & Clinic with a circa 40-year trading history.

Positioned on the southern side of State Highway 29 approximately 100 metres west of the major roundabout that connects Cameron & Pyes Pa Roads, this is a strategic position at the urban fringe on one of the main arterial routes into Tauranga.

Astute investors will most certainly recognise the calibre of this prime commercial asset with such strong tenant covenant and long lease tenure from leading Australasian Veterinary group VetPartners.

For Sale by Deadline Private Treaty
(unless sold prior)

247 Cameron Road, Tauranga

11

Mar

Time4pm
Calander
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Brendon Bradley

Brendon Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Graeme Coleman

Graeme Coleman


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Annual Net Income


$113,319 + GST per annum

Building area


316sqm (approximately)

Land area


1,354sqm (more or less)

Tenancy


VetPartners trading as Barkes Corner Veterinary Hospital & Clinic

Tenure


10 years from 1 September 2015