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159 Eleventh Avenue, Tauranga Central

Investment Opportunities
dollar

Deadline Sale

Floor area
427m2
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Property details

Listing # 67014681 | Listed on 13 April 2022

The ANZ Bank has been in the building for 40 plus years and have just renewed for another term.  They have always had a long term view to this strategic location which is highly visible and easily accessible to their customers.  This is a very substantial and versatile building with the added benefit of 16 carparks at the rear which makes it ideally suited to a multitude of potential future tenants who will be attracted to this high profile corner location.

Just sit back and take the rental income from this secure investment with an A grade tenant on a long term lease.  The quality of this property is assured by its prime freehold corner site which is situated on one of Tauranga major intersections which is easily accessible to most Tauranga residents.

Features:

  • Current Rental: $152,940 + GST & Outgoings
  • Substantial tenant fitout
  • Building seismically strengthened in 2014
  • ANZ just renewed lease
  • Floor area: 427.7m²
  • Central location
  • 938m² Freehold title
  • Carparking: 16 onsite carparks
  • For sale by Deadline Private Treaty closing 27 May 2021, 4pm (unless sold prior)

More information: https://www.colliers.co.nz/p-NZL67014681

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