18-22 Fifteenth Avenue, Tauranga presents a prime land holding of 2,015sqm (more or less) across three freehold titles. The current tenant Z Energy Limited leases all three sites returning an annual rental of $182,657.05 +GST and outgoings. Built in rental growth provides a hands-off investment opportunity on a high profile and large-scale corner site.
Occupying a prime corner position fronting Fifteenth Avenue and Mayfair Street, with Burrows Street at the rear delivering multiple access routes. This stretch of road is a main thoroughfare linking Welcome Bay to Cameron Road and the rest of Tauranga, seeing an estimated 20,000 vehicle movements daily.
This is a unique opportunity to secure three titles offering both scale and substantial future upside potential. Reap the rewards of this prominent site on one of Tauranga's busiest corridors.
Property Features:
•National Tenant Z Energy Limited T/A U GO Self Service Station
•Three freehold titles comprising 2,015sqm (more or less)
•Prime corner position on high traffic arterial route
•Returning $182,657.05 +GST p.a. with built in rental growth
•Providing profile and scale with considerable future upside potential
For more information on this spotlight opportunity, contact Rory Brown or James Hill today.
