• Established national tenant providing annual net rental of $116,424 + GST & OPEX
• Highly sought-after location
• Opportunity to purchase adjoining property
On offer is an 896sqm of prominent freehold land and a 755sqm building on highly sought-after St John Street.
This high-profile site offers a compelling investment opportunity with a strong rental income. With the opportunity to purchase the adjacent property at 55 St John Street, this presents a solid long-term investment. Built in 1986 with extensions in 1990, the building was re-roofed just last year.
The ground floor features an open-plan office, additional office/storage rooms, a spacious 230sqm high-stud clear-span warehouse with two roller doors, a kitchen, and amenities. The first floor includes a reception area, several offices, a boardroom, a modern lunchroom, and amenities. There is ample parking is available on the site, and access to the rear is granted through an Access License covering a section of the driveway at 55 St John Street.
This popular commercial district offers a range of businesses from trades to cafes and provides easy access to primary arterial routes and State Highway 2. With Tauranga CBD set for future growth, this is your opportunity to secure a high-profile premises in a vibrant commercial hub.