103 Wharf Street, Tauranga Central, Tauranga & Surrounds

Smart offices - smart investment

• Strong professional tenant covenants
• Quality office accommodation / fitout
• Tightly held Tauranga commercial precinct
• Annual net rent $91,589 + GST & outgoings

Location is the key to this Tauranga commercial site that is strategically situated in a highly sought-after city fringe office area that is poised to benefit from major redevelopment projects revitalising the city centre.

This standalone two-level office premises currently provides individual tenancies on each floor that could potentially be combined into one in the future, with the internal layout predominantly comprising a mix of open plan and partitioned office accommodation throughout.

The property is occupied by long established professional practices Jigsaw Architects and Promech Consultants who have both recently committed to new three-year lease terms with two further three-year rights of renewal.

A solid income earner with an attractive annual net rental, this prime opportunity must appeal to discerning investors seeking to acquire an affordable split-risk asset with future growth potential.