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55 St John Street, Tauranga Central, Tauranga, Bay of Plenty, 0 bedrooms, 0浴, Industrial Buildings

By Negotiation

55 St John Street, Tauranga Central, Tauranga, Bay of Plenty

625m2
1012m2
Industrial BuildingsListed on Fri Feb 9
$8,971/Monthly repayments
Based on estimate value
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Tauranga Central Where location meets potential

• Strategic tightly held location

• Can be purchased in conjunction with adjoining property.

• Currently returning $79,021pa + GST and OPEX

Attention strategic investors and land bankers this is your opportunity to secure a prominent piece of tightly held commercial property.

The industrial building from the 1970s, recently re-roofed, occupies a 1,012sqm site and is divided into two tenancies. Both spaces have been leased by the same tenant since 2018.

The front tenancy includes a 250sqm warehouse with one roller door, a reception area, ground floor and mezzanine offices, along with a kitchenette and amenities.

The rear tenancy features a 250sqm warehouse with three roller doors and amenities. This all comes with adequate on-site car parking.

With easy access to primary arterial routes and State Highway 2, along with a range of nearby services including trades, service providers, cafes, and banks, this property is a standout investment. For savvy purchasers, there is an additional opportunity to buy the adjacent property of 896sqm.

This commercial precinct is primed for future redevelopment and provides a golden opportunity for astute investors and developers.

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Ref:2503704Last update:2024-05-08 15:05:48