Property main details

Commercial

  • Sold For $1,605,000
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    264 m2
  • Land
    134 m2

Prime Waterfront Investment Opportunity

- Strategic 134sqm (more or less) freehold City Centre zoned site

- Exceptional waterfront location fronting onto The Strand hospitality precinct

- The building was refurbished in 2017 and has a B grade seismic rating

- Net rental on settlement date of $75,500 plus GST and outgoings

This is an excellent opportunity to secure land and building on a prominent corner site on Tauranga City's waterfront.

The harbour side location offers commanding waterfront views, while providing convenient access to all of Tauranga's arterial networks.

The character freehold two-level building is currently leased to a hospitality company trading as 'Brooklyn'.

A solid investment with eight plus years remaining on the current term, with an additional six year right of renewal. Prudent investors will recognise this offering as an exceptional opportunity not to be overlooked!

Contact the joint Sole Agents today for more information.

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If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

53 The Strand Tauranga, Tauranga City
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