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Tauranga Central

72-76 Second Ave, Tauranga Central, Tauranga & Surrounds

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1,174sqm Land area SQM
992sqm Floor area

Positioned to prosper


•Annual net income $180,000 +GST and outgoings
•Split risk commercial investment with dual tenancies
•Superb opportunity to secure two prime fringe CBD sites
•Future multi-level development potential up to 16 metres

Invest with confidence in this sizeable 1174sqm (more or less) Tauranga CBD property at 72-76 Second Avenue, comprising two single level commercial buildings that are currently occupied by Best Buy Asian Supermarket and Top in Town Variety Store. The combined sites have an expansive profile to Second Avenue and are positioned adjacent to a service lane that provides rear access to onsite parking facilities.

The underlying City Centre Zoning of these properties together with a 16-metre building height limit means this opportunity possesses undeniable long term multi-level/mixed use re-development potential which must have huge appeal to investors with a vision for the future.

The Tauranga CBD is presently experiencing major redevelopment and transformation that includes a number of large-scale retail, office and residential apartment redevelopments. Be part of the action by securing this superb dual title site long term upside!

Don't miss out on this opportunity, call Team Bradley today to arrange an inspection.

For Sale by Negotiation
Ryan Bradley

Ryan Bradley

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Brendon Bradley

Brendon Bradley

Commercial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Lynn Bradley

Lynn Bradley

Commercial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land area breakdown


Two titles comprising a total of 1,174sqm (more or less)

Zoning


Located in the sought after City Centre Business zone

Passing income


Combined annual net rental of $180,000 +GST and OPEX

Parking


16 stacked carparks shared evenly between both buildings