An exceptional opportunity presents itself on sought-after Koromiko Street in Judea, a tightly held commercial pocket just minutes from Tauranga’s City Centre. This high-profile property offers a secure, split-risk investment with two established long-term tenants already in place, providing immediate and reliable income from day one.
Positioned on a generous approx. 1,184m² site, the property benefits from excellent street exposure, ample on-site parking, and convenient access to all major arterial routes.
The approx. 700m² building layout offers strong functionality and future flexibility, allowing for potential reconfiguration or further value-add opportunities. Combined with the strength of its existing tenant covenant, this property represents a robust and affordable investment opportunity in one of Tauranga’s most tightly held commercial locations.
Contact Dan or Rich today to explore this opportunity further.
Features:
- Floor area: 700m² (approx.)
- Land area: 1,184m²
- Current rental: $83,229.77 + GST & OPEX
- Split risk
- High profile
- Industrial zoning
- Strong tenant demand
- Sought after location
More information: https://www.colliers.co.nz/p-NZL67036545
