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Strong 7% Return on City Centre Trophy Investment

139 Willow Street, Tauranga Central

Office Building
dollar

$849,000 Plus GST (if any)

Floor area
535m2
Land area
325m2
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Property details

Listing # 67033652 | Listed on 6 May

PRICE REDUCED

This is a unique chance to secure your own slice of a property within the soon to be thriving Tauranga city centre, the opportunity presents itself to purchase a 37.5% of this apportionment title property. The current title holder is looking to sell their share in this prime city centre building. 

Positioned on a highly visible corner within Tauranga’s city centre, 139 Willow Street presents a versatile and high-quality commercial opportunity. The two-level building features a premium ground-floor office space that could be seamlessly converted into retail, maximizing its potential in this rapidly evolving location.

The first floor comprises a range of well-maintained office suites, offering flexibility for multiple tenants and ensuring a solid split-risk investment. With a range of city centre developments unfolding along with increasing foot traffic, excellent street exposure, and proximity to key city amenities, this property would be a compelling option for investors looking for a solid long-term hold within a transforming city centre.


Features:

  • Freehold Land area: 325m²
  • Building: 535m² (approx.)
  • Total building net rental: $158,900 + GST & OPEX
  • High profile
  • Split risk
  • Future development potential
  • Prime corner location


More information: https://www.colliers.co.nz/p-NZL67033652

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