HUGE CBD LAND HOLDING - LONG LEASE

27, McLean Street, City Centre, Tauranga

Price On Application

Proposed Usage
Office
Floor Area
1700.00 m²
Land Area
3231.00 m²
Description:
Property ID
1c6tlmv



This is a very unique land investment opportunity with the long term rental income from a large elderly hospital and rest home facility with the future potential for development / capital gain of this huge corner 3,231m² corner site within a stone's throw of the CBD Tauranga.

The very substantial buildings have been well maintained and have an A-Grade seismic rating for real peace of mind. These buildings are leased on a long-term basis to a very experienced operator who has owned and managed facilities like this for decades.

Such a large strategic land holding rarely comes available especially with such strong positive cash returns.

 

Enquire about this property

City Centre Area