Scarcity of affordable commercial property in Tauranga makes this high profile corner opportunity at 149 Second Avenue one that genuinely warrants attention. Offering approximately 280m² of versatile building on a 702m² leasehold site, the property presents a flexible, well presented mix of showroom, office and workshop space.
The leasehold land structure, with a current land rental payable of $36,000 pa + GST, is a standout feature, with a 21 year rent review cycle providing new owners with certainty until 2044 and at potentially below market land rentals. For astute business owners, the option to purchase with soon to be vacant possession adds further flexibility, to change the use to suit alternative commercial, retail/office requirements.
Positioned on a high profile corner close to Tauranga’s City Centre, the property benefits from excellent on-site car parking and straightforward access to the city’s major arterial routes. Whether you’re seeking an owner-occupy base or a cost effective entry into the investment market, this is the kind of affordable, well-located asset that rarely presents itself in today’s market.
Contact Simon or Dan today for more information.
Features:
- Floor area: 280m² (approx.)
- Land area: 702m²
- High-profile corner profile with strong street presence
- Well maintained building with showroom, office and workshop mix
- Leasehold land with 21 year rent review cycle
- Lease expiry December 2026
- Change of use upside for alternative commercial purposes
- Excellent on-site car parking
- Close proximity to Tauranga CBD
- Affordable entry level price point for owner-occupiers or investors
For Sale by Asking Price of $499,000 + GST (if any)
