45 Grey Street, Tauranga Central, Tauranga & Surrounds

Prime Position In The Tauranga CBD

- Prime 723m2 Tauranga CBD site\n- 1,905m2 three level retail/office building\n- Current annual net rental $241,646 + GST\n- Spilt risk/multi tenanted for security\n- Sought after CBD retail/office location\n- Potential future rental upside\n- Far better than bank returns here!\n\nThe Churchill building comprises a substantial, three level retail / office premises situated in a prime position in the Tauranga CBD. This is a much sought after location that enjoys continuous tenancy demand from the multitude of office options the building has to offer. \n\nMulti tenanted with four retail shops fronting Grey Street, the balance of the ground floor, first and second floors have a strong spread of office tenancies that currently includes only two vacancies. The building has recently been refurbished and has a seismic rating that is greater than 34% NBS.\n\nThis opportunity will suit investors who see the benefit of securing a multi spilt income generating property that is situated in a high growth provincial location. With significant potential rental upside, this property may well return a generous yield going forward. Our motivated vendor has given clear instructions this is to be sold!