Prime waterfront investment opportunity
53, The Strand, City Centre, Tauranga
- Proposed Usage
- Floor Area
- 264.34 m²
- Land Area
- 134.00 m²
- Auction Date
- 13:00 - Oct 30, 2019
- Property ID
- Strategic 134sqm (more or less) freehold City Centre zoned site
- Exceptional waterfront location fronting onto The Strand hospitality precinct
- The building was refurbished in 2017 and has a B grade seismic rating
- Net rental on settlement date of $75,500 plus GST and outgoings
This is an excellent opportunity to secure land and building on a prominent corner site on Tauranga City's waterfront.
The harbour side location offers commanding waterfront views, while providing convenient access to all of Tauranga's arterial networks.
The character freehold two-level building is currently leased to a hospitality company trading as 'Brooklyn.'
A solid investment with eight plus years remaining on the current term, with an additional six year right of renewal. Prudent investors will recognise this offering as an exceptional opportunity not to be overlooked!
Contact the joint Sole Agents today for more information.