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• Strong national tenant covenant
• Sought after city fringe location
• Seismic rating A+ / 100% NBS
• Solid income earner / growth potential
• Annual net rent $153,777 + GST
• Land area 1,616sqm (more or less)
• Gross building area 689sqm (approx.)
Astute investors will most certainly recognise and resonate with this rare opportunity to secure a superb investment property tenanted by iconic New Zealand brand Resene Paints Limited.
The property has been developed with a sizeable single level commercial premises comprising a retail showroom, commercial trade warehouse and automotive warehouse together with offices and staff amenities. The balance of the site provides sealed parking with dual street access.
This A Grade investment asset is situated in the tightly held Judea Commercial / Industrial precinct being a strategic location within close proximity to major arterials and just minutes from the Tauranga CBD.
Given the overall quality and presentation, this is a highly desirable acquisition that will make an outstanding addition to any investment portfolio and one not to miss!