NEW GULL SERVICE STATION - LONG LEASE

2 Te Paeroa Road, Bethlehem

Investment For Sale

For Sale    Tenanted Investment
Land Area: 1,531.00 m2.    
Sale Price: $1,742,000.

Description

This is a secure investment with long term rental income from an international petrol retailer "Gull". This service station has low maintenance improvements and is situated on the Northern entrance to Tauranga on a prominent corner with a massive exposure to passing traffic on State Highway 2. The property is also adjoining the vibrant Bethlehem Town Centre retail development which draws customers from the prosperous suburb of Bethlehem as well as from all over Tauranga. Just sit back and take the rental income and capital appreciation on the prime commercial corner site. 

Features

  • 1,531m² corner site including shared driveway
  • Rental income $113,251.45pa + GST
  • 10 year lease from Dec 2015
  • CPI rent growth next Dec 2019
  • Near vibrant Bethlehem Town Centre
  • High passing traffic volume
  • Commercial zoned site
  • For sale by Asking Price $1,742,000 + GST (if any)

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