This north facing property on Park Street will have broad appeal. You could invest, occupy or develop.
If you are looking to invest, then this fully leased property, will be of strong attraction. Currently leased to a substantial local Bay of Plenty medical company, it is used as a support and administration hub to their large practice across the road.
Properties of this size, age, and configuration in this location are in high demand from tenants. The ample off street parking and brand new air-conditioning throughout will make it attractive to future tenants, or if you want to consider a longer lease with the existing tenant.
If you are looking to become an owner occupier, this well presented and versatile office space is a smart play. Buy now and then plan to move in 2022.
For those who understand the future potential of this City Living Mixed Use site, this will surely please. With the lease expiring on 9th of March 2022, there is plenty of time to plan your next step, while receiving a generous net rental of $47,100 plus outgoings and GST.
Explore the opportunities of this prime location which is within an easy walking distance from the Tauranga CBD. 24 Park Street is located in a high growth zone, where council wish to see intensive development for offices and high density residential.
Call Duncan or Mathew today to discuss your options.
Ref #: 20597119
- Contact our experts for details on this transaction.