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Tauranga Central

243 Fraser Cove , Tauranga Central, Tauranga & Surrounds

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5,767sqm Land area SQM
5,958sqm Floor area

Golden triangle asset leased to Countdown


• Over 8.5 year lease term remaining to anchor tenant - Countdown, complemented by two additional tenancies
• Prime location within an established Tauranga retail hub
• Total net rental approximately $1,241,387pa + GST

Well located in the very heart of one of New Zealand's strongest regional economies. Leased to Countdown since 2009, this property has been recently externally repainted and new pharmacy added internally by the anchor tenant to ensure continued sales growth into the future.

Fraser Cove is a popular centrally located shopping destination catering to a wide customer base and demographic, anchored by a Countdown supermarket and The Warehouse. It also holds a strong base of major national retailers including Burger King, North Beach, Warehouse Stationery, Big Save Furniture and Kathmandu.

A fantastic, well located investment opportunity leased to an undoubted long term tenant. Call now for further details.

For Sale by Deadline Private Treaty
(unless sold prior)

24
Oct

Time4pm
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Peter Gorton

Peter Gorton


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Mark Walton

Mark Walton


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Mike Houlker

Mike Houlker


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Carparking


Ample carparking inside the complex

Foot traffic


Generous flow of customers that come to visit Coundown Fraser Cove and the other large retailers

Location


Inside Fraser Cove, a busy shopping centre