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Retail Property

83 Pyes Pa Road (Retail 4) Pyes Pa, Tauranga City 3112

Sold on 9 Nov 2017
  • Building: 203m²
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Retail Property in Pyes Pa

Retail Investment

  • Building: 203m²

Investment freehold unit title in a brand new shopping centre

Tenant Classic Food and Beverages Ltd who will be operating an Indian Restaurant. Lease 8 years with 4x4 ROR

Rent $52,150.00 p.a. + OPEX + GST with guarantees

Rent Review: CPI two yearly

Shopping centre has 20 retail shops with over 190 free car parks with a mix of tenancies including a caf, restaurant, takeaways, supermarket, specialist retail, gym, physio, child care centre, pharmacy, medical and audiologist. Adjacent to the proposed new Liz Van Welie swim school and Althorp retirement village. Huge population growth area with recent census figures showing double in population in last 4 years.

Property ID:

TCM21837

Building:

203m²

Zone:

Commercial Business

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