https://www.colliers.co.nz/p-nzl67012955
- For Sale
This unique investment opportunity enables you to own your own piece of Tauranga's iconic large format retail centre. Fraser Cove is a popular central Tauranga shopping destination catering to a wide audience and demographic which is anchored by a Countdown supermarket and The Warehouse as well as many other local, national and international brands.
This slice of Fraser Cove offers the investor the benefits of being in a substantial retail centre without the associated price tag. The complex and tenancy is fully managed by NZRPG which is typically paid by the tenants under a net lease and includes day to day tenancy management, strategic centre direction, re-leasing, invoicing and tracking tenancy payments etc.
This attractive retail tenancy is very well presented with great exposure within the complex, ample parking in front and a retail fitout internally. Vacant possession offers this opportunity to owner occupiers as well as add value investors.
Ref #: 20598462