PRIME CAMERON ROAD - NEW 10 YEAR LEASE

100-102 Cameron Road, Tauranga

Investment / Office For Sale

For Sale    Tenanted Investment
Land Area: 455.00 m2.    Floor Area: 800.00 m2.    
Sale Price: $2,650,000.

Description

This is a unique opportunity to purchase a multi tenant commercial building with long-term tenants within walking distance of the CBD but also on a high-profile position on busy Cameron Road.

This substantial two level building currently has a fully fitted out backpackers accommodation on a new 10 year lease on the first floor and then a long-term office tenant on the ground floor.

Just sit back and take the large cash returns from this well located investment.

Features

  • Floor area: 800m² approx. Land area: 455m²
  • Net rental: $133,700 + GST & Outgoings
  • New 10 year lease on first floor
  • Both tenancies with rental upside
  • Mixed use office and accommodation tenants
  • Permitted height to 12m
  • 50% of NBS (IEP)
  • High profile Cameron Road, walking distance to CBD
  • Full Commercial Zone
  • For Sale by Asking Price: $2,650,000 + GST (if any)

Sale Areas

Area Size
Ground floor 400m² (approx.)
First Floor 400m² (approx.)

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