HUGE CBD LAND HOLDING - LONG LEASE
27, McLean Street, City Centre, Tauranga
Price On Application
- Proposed Usage
- Floor Area
- 1700.00 m²
- Land Area
- 3231.00 m²
- Property ID
Enquire about this property
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.