Rarely do such an affordable freehold investment opportunities in this high profile location present themselves. For such a reasonably priced corner site, purchasers have a chance to buy a commercially-zoned, freehold corner site on one of Tauranga''s busiest arterials with steady rental income. With 605m² of land area and three road frontages this property has versatility written all over it. The recent roading layout improvements on Fifteenth Avenue give the benefits of ease of access from a light-controlled intersection from this extremely busy road way.
Fifteenth Avenue offers high exposure to feeding traffic into the Avenues and CBD area from Maungatapu, Welcome Bay and surrounding areas as well as serving as a cross city link to Bethlehem, Te Puna, Katikati and beyond.
A full information pack is available on request from the sole agents, Rich and Simon.
Features:
- 605m² land area
- High-profile corner site
- Commercial zone
- Leased to Glenbrook Machinery Limited
- Current net rent: $52,000.00 p.a.
- Freehold title
- Versatile existing buildings approx. 154m²
- Three road frontages
- For sale with Asking Price of $899,000.00 + GST (if any)
More information: https://www.colliers.co.nz/p-NZL67027695
