This is a very unique investment opportunity in one of Tauanga's most vibrant commercial hubs where traffic intersects from all over the city and attracts quality tenants such as head offices for banks, fast food restaurants, bulk retailers and supermarkets.
The current tenant ANZ has a right of renewal and rent review due in May 2021 so you will either have the option to continue with ANZ at a market rental, or if they don’t renew, then you will be able to negotiate a lease with a new tenant, or even occupy for your own business. This is a very substantial and versatile building with 16 car parks at the rear, which is ideally suited to a multitude of tenants who will be attracted to this high-profile corner location.
Ref #: 20540817
- Contact our experts for details on this transaction.