• 460sqm land area (more or less) with10 onsite rear car parks

• Prime split risk investment returning $109,000 +GST net rent p.a.

• 2 level commercial building of 390sqm (approx.) with two established tenants

• City Centre zoned site with redevelopment potential up to 19 metres

• A grade / 90% NBS seismic rating providing quality office accommodation

Location is the key to this commercial site that is strategically situated in a highly sought-after Tauranga city fringe office area and is poised to benefit from major redevelopment projects that are currently revitalising the city centre.

This property comprises a conventional two-level commercial premises positioned to the Cameron Road frontage with the balance of the site providing rear sealed parking for ten tenant vehicles accessed via West Bay Service Lane.

Leased to long established and reputable tenants The Kitchen Studio on the ground floor and GPS IT on level one, (with a break clause that could suit an owner occupier) this offering must appeal to astute investors looking for a long-term hold with potential for future rental upside underpinned by strong tenant demand in this area.

This is a affordable Tauranga investment opportunity to acquire a proven and passive income earning asset plus a rare chance to purchase on core transport corridor Cameron Road!