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Retail Property

63-69 Spring Street Tauranga Central, Tauranga City 3110

Sold on 6 Dec 2017
  • Building: 2,129.65m²
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Retail Property in Tauranga Central

Prime High Rise Development Site

  • Building: 2,129.65m²

Strategic corner CBD location, current Seismic rating of 42% NBS

Holding income with Lease Exit Clause

Potential to lease up and add capital growth to existing buildings

Tenancies from 100m2 to 2,000m2 with car parks

Outgoings: Total Rates $13,483.21 p.a. incl GST insurance $15,000 (2015/2016

Zoning: Commercial Business (TCC District Plan allows a height limit up to 49m)

Excellent long term development opportunity

Previous Resource Consents include 150 room Hotel plus apartments

3 Level office building with 45 parks

Excellent opportunity to take advantage of the new Waikato University student accommodation potential

Investigate this opportunity now!

Contact the SOLE Agent for more information!

Property ID:

TCM21821

Building:

2,129.65m²

Zone:

Commercial Business

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