•Annual net income $180,000 +GST and outgoings
•Split risk commercial investment with dual tenancies
•Superb opportunity to secure two prime fringe CBD sites
•Future multi-level development potential up to 16 metres
Invest with confidence in this sizeable 1174sqm (more or less) Tauranga CBD property at 72-76 Second Avenue, comprising two single level commercial buildings that are currently occupied by Best Buy Asian Supermarket and Top in Town Variety Store. The combined sites have an expansive profile to Second Avenue and are positioned adjacent to a service lane that provides rear access to onsite parking facilities.
The underlying City Centre Zoning of these properties together with a 16-metre building height limit means this opportunity possesses undeniable long term multi-level/mixed use re-development potential which must have huge appeal to investors with a vision for the future.
The Tauranga CBD is presently experiencing major redevelopment and transformation that includes a number of large-scale retail, office and residential apartment redevelopments. Be part of the action by securing this superb dual title site long term upside!
Don’t miss out on this opportunity, call Team Bradley today to arrange an inspection.