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Listed over 8 years ago

ID#363275

Judea

Tauranga City
Auction

Strategic Investment and Location

- Large 1,436m² residentially zoned lot
- Consented for childcare centre
- Two large converted residential buildings, garage and storage shed
- Established tenant returning $58,500 + GST net per annum

Situated on top of the Waihi Road ridge and on one of Tauranga's main arterial routes, this property offers a great investment income with future development potential.

There are two converted houses on the property; one circa 1990 the other circa 1940 with a detached double garage and storage shed with large sealed parking area. There is a right of way which can enable a drive through facility.

The tenant, BestStart Educare Limited (formerly Kidicorp), has been on this site since 1997, a total of nearly 20 years. Developed as a child day care centre, the premises are also used for the administration hub for Kids at Home; a subsidiary company wholly owned by BestStart.

Keywords

Location

  • Mountain Views
  • Inner City
  • Sea views

Property Type

  • Investment
  • Commercial

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Agent

Graeme Coleman

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

ID#363275

Judea

Tauranga City
Auction
proudly marketed by
Graeme Coleman
Success Realty Ltd MREINZ
Graeme
027 574 1610
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