56 Elizabeth Street, Tauranga Central, Tauranga & Surrounds

Strategic CBD Site

FOR SALE BY AUCTION WEDNESDAY 1st MARCH 2017 AT 1PM, 247 CAMERON ROAD, TAURANGA (unless sold prior)\n\n- 481m2 site / 890m2 building\n- B Grade / 75% NBS rating\n- High profile position on major entry/exit route to CBD\n- Heart of bulk retail strip with national retail neighbours\n- Potential income circa $180,000 + GST per annum\n- Suit owner occupier or add value investor\n\nSubstantial property comprising a two level commercial premises with current anchor tenant being international food franchise Subway who have recently increased the size of their tenancy and extended their lease. The balance includes a ground floor retail premises and first floor offices which are both currently vacant.\n\nThe site has superb profile to Elizabeth Street which is a major strategic entry / exit route into Tauranga CBD. Features include being positioned adjacent to national retailer Farmer proposed redevelopment site and next to the largest car park in the city.\n\nThis property presents a prime commercial investment situated in a highly sought after location within the Tauranga CBD and a rare opprtuntiy to purchase in a tightly held area that offers numerous add value or owner occupier options in the future!