New benchmark for Tauranga City Centre investment!
- Strong national brand tenant covenants
- Well-structured leases with strong cash flow
- Positioned on a prime City Centre zoned site
- Currently returning annual net rent of $427,216 + GST
Recently transformed through an extensive and carefully curated refurbishment, 41 Elizabeth Street now stands as a contemporary commercial showpiece in the heart of the Tauranga City Centre. This revitalised design is a truly exceptional business environment that positions this asset at the very top of Tauranga's metropolitan offerings.
Superbly situated directly opposite the impressive new Farmers retail and residential complex, the property commands what is arguably the city's premier 'box seat' position. This high-profile location benefits from outstanding visibility, strong pedestrian flows and seamless access to the best of the city's expanding commercial, retail and civic amenity.
Anchored by three leading national tenants on various lease terms, the investment fundamentals are compelling. Engineering consultants Vitruvius occupy the premium first floor, while the Heartland Bank has secured the prime front ground-floor position and respected law firm Meredith Connell the private rear tenancy.
Positioned on a prime 564sqm City Centre-zoned site, the property comprises a substantial 852sqm net lettable area, thoughtfully split across two levels to support flexible commercial use. Eight covered onsite car parks complement the offering of a rare and highly sought-after attribute within the CBD.
With its retro-glam character seamlessly blended into a modernised commercial design, the premises offers the perfect balance of personality, performance and occupier appeal. The building proudly carries an A-Grade seismic rating (90% NBS), ensuring long-term security for tenants and investors alike.
For more information or to view the property please contact Team Bradley today.
- Well-structured leases with strong cash flow
- Positioned on a prime City Centre zoned site
- Currently returning annual net rent of $427,216 + GST
Recently transformed through an extensive and carefully curated refurbishment, 41 Elizabeth Street now stands as a contemporary commercial showpiece in the heart of the Tauranga City Centre. This revitalised design is a truly exceptional business environment that positions this asset at the very top of Tauranga's metropolitan offerings.
Superbly situated directly opposite the impressive new Farmers retail and residential complex, the property commands what is arguably the city's premier 'box seat' position. This high-profile location benefits from outstanding visibility, strong pedestrian flows and seamless access to the best of the city's expanding commercial, retail and civic amenity.
Anchored by three leading national tenants on various lease terms, the investment fundamentals are compelling. Engineering consultants Vitruvius occupy the premium first floor, while the Heartland Bank has secured the prime front ground-floor position and respected law firm Meredith Connell the private rear tenancy.
Positioned on a prime 564sqm City Centre-zoned site, the property comprises a substantial 852sqm net lettable area, thoughtfully split across two levels to support flexible commercial use. Eight covered onsite car parks complement the offering of a rare and highly sought-after attribute within the CBD.
With its retro-glam character seamlessly blended into a modernised commercial design, the premises offers the perfect balance of personality, performance and occupier appeal. The building proudly carries an A-Grade seismic rating (90% NBS), ensuring long-term security for tenants and investors alike.
For more information or to view the property please contact Team Bradley today.
Key features
Land area breakdown
564sqm (more or less) City Centre zoned site
Floor area details
852sqm (approximately) recently refurbished building
Occupancy
Strong national brand tenant covenants
Parking
8 stacked and covered carparks onsite
Passing income
Current annual net rental of $427,216 + GST & OPEX
Lease term
Well-structured leases with strong cash flow
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