408 Cameron Road, Tauranga Central, Tauranga & Surrounds

Tenanted investment on high profile site

• Strong income earner returning $105,000 +GST & OPEX p.a.
• Impressive freehold corner site of approx. 1,113sqm
• High profile location on Cameron Road, recognised as “Tauranga's Golden Mile”

408 Cameron Road holds a prime corner site position on Cameron Road and presents a strategic investment opportunity with a new lease in place.

This trophy site offers excellent profile and signage opportunities. The property comprises an impressive 1,113sqm (more or less) of freehold land on a high profile corner site. Comprising a showroom/office of approx. 255 sqm and a basement workshop of approx. 198sqm. The large sealed yard provides for plenty of onsite parking or display.

Security for investors with favorable lease terms, including annual 3% fixed increases other than on market rent review dates. The annual income of $105,000 +GST & OPEX p.a. has built in growth and offers two remaining rights of renewal with a final expiry of 31 January 2037.

Don't miss your chance to secure this well located, tenanted asset. Call Rory Brown today!