This is a unique opportunity to purchase such an affordable standalone commercial investment with a long established medical tenant with the security of a six year lease and guaranteed annual growth.
This prime corner site on busy Fraser Street is surrounded by “like minded” commercial users as well as quality residential homes. This location is easily accessible to Tauranga Hospital, Fraser Cove Shopping Centre and a short drive into Tauranga CBD as well as main arterial roadways around Tauranga.
You have many options with this property as it is being sold inclusive of GST so you can take the substantial cash return from the existing long term commercial tenant who also pays all the outgoings, but still with the future opportunity of developing the site for multiple residential units.
Ref #: 20896741
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