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Retail Property

Retail 2, 83 Pyes Pa Road Tauranga, Tauranga City 3110

Sold on 16 Feb 2017
  • Building: 184m²
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Retail Property in Tauranga

Retail 2, 83 Pyes Pa Road, Tauranga

  • Building: 184m²

Investment freehold unit title in a brand new shopping centre

Tenant Thai Palace Restaurant Limited. Lease 8 years with 4 x 4 year ROR

Rent $39,560.00 p.a. + OPEX + GST

Rent Review: CPI two yearly

Shopping Centre has 20 retail shops with over 190 free car parks with a mix of tenancies including a cafe, restaurant, takeaways, supermarket, specialist retail, gym, physio, child care centre, pharmacy, medical centre and audiologist. Adjacent to the proposed 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:

TCM21835

Building:

184m²

Zone:

Commercial Business

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