Sign up

Listed almost 6 years ago

ID#441755

CBD

Tauranga City
Auction
0
0
356
(3,831.95 sq.ft.)

Location plus potential

- 356mm² commercial building located on a stratum in freehold title

- Popular city fringe commercial zone that allows for multiple future use options

- Established tenant Speed factor providing annual net rental of $38,680.09 + GST + Outgoings

- Current three-year lease term plus further ROR, with final expiry October 2023

- Primed for future redevelopment, this tightly held precinct offers massive potential for service and trade related businesses

- Upside for rental growth with next review due November 2020

Standing proudly on the majority of its site, this building provides a mix of warehouse with mezzanine storage, office and showroom areas that have evolved over the years to accommodate the tenants expanding growth. The property allows for parking at front of the premise as well as access to the western end of the warehouse via a rear service lane.

Location plus potential here equals an outstanding opportunity for astute investors and potential owner occupiers alike

Early registration recommended as this offering will be in strong demand.

Ask a question about this property

Please leave this field blank:
NAME
EMAIL
MESSAGE

Agents

Jo Stewart

Capital Commercial (2013) Ltd

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

Following 16 years of success in commercial and industrial real estate for Bayleys in the Bay of Plenty, Jo Stewart has returned to her home turf to become a member of the Bayleys Capital Commercial Wellington team, specialising in the Kapiti Coast and Horowhenua area.

After establishing herself as one of the Bay of Plenty’s most successful commercial brokers, Jo offers clients from Paekakariki north to Levin the benefit of her experience-based advice, expertise, plus persistence and capacity for sheer hard work.

Evidence of her success is in the loyal clientele through which she has built a solid foundation of corporate partners and strong client relationships.

Her mix of innovative marketing, networking and meticulous groundwork is enhanced by negotiation and communication to deliver results, earn respect and gain the resultant repeat business.

Jo has assisted major national brand clients establish their operations over various asset classes, as well as maximising sales value for those clients whose strategy has been to divest. Jo relishes the challenge and opportunity to contribute her skills to her home territory.

Jo and Bayleys are active Key Partners of the Kapiti Chamber of Commerce, and she is also proud to be participating on the committee, for the Kapiti Women In Business. Jo specialises in providing knowledgeable, relevant and up to date advice for all commercial property needs, including leasing, sales and development.

read more

Graeme Coleman

Success Realty Ltd MREINZ

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

ID#441755

CBD

Tauranga City
Auction
proudly marketed by
Jo Stewart Graeme Coleman
Capital Commercial (2013) Ltd
Jo
027 641 1680
Graeme
027 574 1610
Message us about this property

Leave a message for James Sales

Please leave this field blank:
I Would like to
NAME
EMAIL
YOUR AGENT'S NAME
PHONE
MESSAGE
SALE ORDER