- For Sale
This is a very unique land investment opportunity with the long term rental income from a large elderly hospital and rest home facility with the future potential for development / capital gain of this huge corner 3,231m² corner site within a stone's throw of the CBD Tauranga.
The very substantial buildings have been well maintained and have an A-Grade seismic rating for real peace of mind. These buildings are leased on a long-term basis to a very experienced operator who has owned and managed facilities like this for decades.
Such a large strategic land holding rarely comes available especially with such strong positive cash returns.
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