TAURANGA INVESTMENT - NEW 4 YEAR LEASE

19-25, Montgomery Road, Judea, Tauranga

$2,900,000

Proposed Usage
Industrial
Floor Area
2024.00 m²
Land Area
3778.00 m²
Description:
Property ID
1c2jpfq



The long-established tenant has just commenced a new 4-year lease term from 1 May 2018 with a net rental of $179,013 plus GST & outgoings with 2-yearly market rent reviews. The property offers three high stud warehouses with offices on three individual freehold titles. All three warehouses include gantry cranes ranging from 2 tonne to 5 tonne capacity, multiple roller doors and concreted yards. The large property has the future benefit of full commercial zoning which allows for a wide range of uses such as retail, office and high density residential accommodation.

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Judea Area