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Tauranga Central

166 Seventeenth Avenue, Tauranga Central, Tauranga & Surrounds

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1,724sqm Land area SQM
692sqm Floor area
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MODERN A-GRADE COMMERCIAL INVESTMENT


• Two major tenants with ROR
• Annual net rental: $186,564 + GST & Opex
• Generous onsite car parking
• Desirable location, adjacent Tauranga Hospital
• Well suited to investors looking for income with built-in rental growth

In constructing, designing and committing to this building for a lengthy term, CBC Construction were both show-casing their skills and flair and also providing a modern, practical and efficient working environment for their key people. It has also provided the opportunity to accommodate the tenants Classic Group and Ngati Ranginui Iwi in a high quality space at a competitive rental rate. This property will pass the test of time.

1,724sqm (more or less) freehold land, 692sqm (approximately) floor area, two major tenants, both on six-year leases from 1 June 2017 and 1 August 2017, net rental: $186,564 + GST and outgoings, both tenants have rights of renewal.

A rare "A-Grade" Tauranga commercial investment not to be missed!

Call today for an information pack or to view.

For Sale by Deadline Private Treaty
(unless sold prior)

247 Cameron Road, Tauranga

17
Mar

Time4pm
Calander
Calendar
Lloyd Davidson

Lloyd Davidson


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

Rory Brown


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

Features

Annual Net Income


$186,564 (plus GST & Opex per annum)

Building area


692 sqm (approximately)

Carparking


18 onsite carparks (including 2 accessible parks)

Land area


1,724 sqm (more or less)

Tenancy


Two major tenants with ROR

Tenure


Deadline Private Treaty closing 4.00pm, Thurs 17 March 2022 (unless sold prior)