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Judea

47B Waihi Road, Judea, Tauranga & Surrounds

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1,616sqm Land area SQM
689sqm Floor area
21 Offstreet
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A Grade investment asset in all respects!


• Strong national tenant covenant
• Sought after city fringe location
• Seismic rating A+ / 100% NBS
• Solid income earner / growth potential
• Annual net rent $151,397 + GST
• Land area 1,616sqm (more or less)
• Gross building area 689sqm (approx.)

Astute investors will most certainly recognise and resonate with this rare opportunity to secure a superb investment property tenanted by iconic New Zealand brand Resene Paints Limited.

The property has been developed with a sizeable single level commercial premises comprising a retail showroom, commercial trade warehouse and automotive warehouse together with offices and staff amenities. The balance of the site provides sealed parking with dual street access.

This A Grade investment asset is situated in the tightly held Judea Commercial / Industrial precinct being a strategic location within close proximity to major arterials and just minutes from the Tauranga CBD.

Given the overall quality and presentation, this is a highly desirable acquisition that will make an outstanding addition to any investment portfolio and one not to miss!

Asking Price NZ$2,995,000 + GST (if any)
Brendon Bradley

Brendon Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Lynn Bradley

Lynn Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Ryan Bradley

Ryan Bradley


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

Features

Floor area details


689sqm (approximately)

Land area breakdown


1,616sqm (more or less)

Parking


21 car parks

Passing income


Annual net rental $151,397 pa +GST and OPEX

Seismic (NBS rating)


A+ Grade / 100% NBS

Zoning


Commercial