9 Koromiko Street, Judea, Judea, Tauranga & Surrounds

Impressive Tauranga Trophy Industrial Property

- 4,553m2 freehold site with modern 2,271m2 building\n- Strong tenant / lease to NZ Windows Limited \n- Eight year lease from 01/04/2014 with right of renewal\n- >67% NBS seismic rating\n- Annual net rental $244,863 + GST\n\nSubstantial standalone property located in the sought after Judea industrial estate that is within close proximity to the CBD and all major arterial routes. The property presents very well with air conditioned offices over two levels together with twin workshop facilities that provide a very functional working environment. The site has good off street parking as well as side and rear external yard space.\n \nProven tenant NZ Windows have an established trading history on this site having started a new 8 year lease from 1 April 2014 with a further ROR to follow. The tenancy currently generates an attractive annual net income of $244,863 + GST which offers significant cash flow to add to new or existing portfolios.\n\nPrudent investors will be proud to own this outstanding Tauranga industrial asset as seldom do properties of this quality become available in this popular business precinct. A must to inspect for syndicates, family trusts or passive investors looking to secure a solid investment and enjoy the rewards of this sought after Tauranga location now!