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Listed about 13 years ago

ID#292045

Avenues

Tauranga City
Auction
0
0
660
(7,104.17 sq.ft.)
1,012
(10,893.07 sq.ft.)

• Commercial/Residential with six tenancies
• Annual net rental $84,544 plus GST
• Located on a main Tauranga thoroughfare
• Extremely busy city fringe commercial hub
• Seldom available for sale in this location

This is a great opportunity to purchase a fully tenanted investment property with strong income streams derived from six mixed use tenancies in what is considered a sought after and tightly held Tauranga location. Eleventh Avenue is a strong and well established commercial hub of service and retail businesses that includes McDonalds, Z Service Station, ANZ Bank, 11th Avenue Retail Plaza and Macy's Motel. The site enjoys ease of access and experiences very high traffic flows.

This property comprises two ground floor retail units with three residential flats above plus an automotive service centre at the rear. These are well presented premises that provide tidy quality space together with good onsite tenant parking plus a full sealed yard area. Built by the Vendor some 35 years ago, the property is now on the market for the first time and offers an affordable multi tenanted asset that provides much sought after risk diversification.

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Agent

Brendon, Lynn and Ryan Bradley

Bayleys Commercial Tauranga

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Team Bradley are Bayleys Tauranga’s most awarded Commercial & Industrial Sales Brokers who are trusted and respected realtors with an impressive track record in the Bay of Plenty and Waikato markets over the past twenty years. Brendon also has the distinction of being named Bayleys National Commercial Salesperson for the 2019/2020 year.

Team Bradley family members Brendon, Lynn and Ryan are renown for their strong negotiating and service skills that has included divestment of property forBP Oil, Carter Holt Harvey, Centuria NZ Element IMF, Fonterra, Port of Tauranga,, Sanford NZ, South Waikato District Council. Tauranga City Council and VTNZ.

Success for Team Bradley is attributed to their enthusiasm, dedication, commitment and vast experience which form an important part of the successful sale process in facilitating commercial and industrial transactions. Their total focus is a collaborative approach to provide professional and Innovative solutions to ensure the best client outcomes are achieved.

Team Bradley are supported by their Personal Assistants Violet Honeyfield and Victoria Grace.

Position Statement:
“To consistently achieve outstanding results for our commercial clients”

Career Highlights:
• Bayleys Way National Staff Recognition 2023

• #1 Bayleys New Zealand Commercial & Industrial Salesperson 2019/2020

• Top 5% Bayleys Salespeople New Zealand 2015/2016, 2016/2017, 2017/2018, 2018/2019, 2019/2020, 2020/2021, 2021/2022, 2022/2023, 2023/2024 and 2024/2025

• Top Achievers Bayleys Sales New Zealand 2015/2016, 2016/2017, 2017/2018, 2019/2020, 2020/2021, 2021/2022 and 2022/2023

• High Achievers Bayleys Sales New Zealand 2018/2019, 2023/2024 and 2024/2025

• #1 Bayleys Commercial Deals Settled 2015/2016, 2016/2017, 2017/2018, 2020/2021, 2021/2022, 2022/2023, 2023/2024 and 2024/2025

• #1 Bayleys Tauranga Commercial Sales 2011 to 2025

• #1 Bayleys Tauranga Commercial Sales 2011 to 2025

• #1 Success Realty Limited Most Deals Settled 2019/2020, 2021/2022, 2022/2023, 2023/2024 and 2024/2025

• Top track record with over $500 million of commercial transactions over the past 20 years

Areas of specialty:
Commercial & Industrial Sales & Leasing

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This property was photographed by

Alta van Blerk

Media Specialist

BOP

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