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Listed over 5 years ago

ID#429089

CBD

Tauranga
Expressions of Interest
0
0
130
(1,399.31 sq.ft.)
proudly marketed by
Brendon & Lynn Bradley
Success Realty Ltd MREINZ
021 816 600 (B) 027 441 1213 (L)
Message Me

Great little CBD investment!

- 118m2 unit title retail premises

- Street front of Piccadilly Arcade retail complex

- Strategic city centre location

- Annual net rental $43,000 + GST and OPEX

- Affordable investment to beat current bank rates

- Perfect for passive investors!

This unit title property is situated on a prime high profile corner site at the Grey Street entrance to the Piccadilly Arcade complex, in the heart of the Tauranga CBD. Tenanted by Wise Management Services Limited these well presented air conditioned premises are currently being utilised as a professional office.

The Agreement to Lease for the tenancy includes the added bonus of an agreed annual net rental increase to $47,200 + GST from 1st February 2019, providing significant income upside for a new owner to capitalise on.

Piccadilly Arcade is a single storey retail complex comprising 22 shops that contains an eclectic mix of retail and service businesses. The arcade provides a direct link between Grey Street on the western side and Devonport Road on the east and is a major through-fare within the Tauranga CBD, that enjoys excellent pedestrian traffic.

Call now for more information!

Keywords

Location

  • Inner City

Property Type

  • Investment

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Agent

Brendon & Lynn Bradley

Success Realty Ltd MREINZ

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

Brendon Bradley is Bayleys Tauranga’s most awarded Commercial / Industrial Salesperson with the distinction of being recognised as #1 Commercial and Industrial Salesperson for Bayleys New Zealand 2019/2020.

He is a trusted and respected realtor with an impressive track record in the Bay of Plenty and Waikato markets over the past eighteen years. This has included divestment of property for the Tauranga City Council, Port of Tauranga, Fonterra Brands (New Zealand) Limited, BP Oil (NZ) Limited and Carter Holt Harvey Limited.

Success for Brendon and his team is attributed to his dedication, commitment and vast experience which form an important part of the successful sale process in facilitating commercial transactions. His total focus is to provide a collaborative approach to provide professional and innovative solutions to ensure the best outcomes are achieved.

His Team Bradley, includes wife Lynn and son Ryan who are all supported by their personal assistants Victoria Grace and Nicola Paterson.

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

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

• Top 5% Bayleys Sales People New Zealand 2015/2016, 2016/2017, 2017/2018, 2018/2019, 2019/2020, 2020/2021 & 2021/2022

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

• High Achievers Bayleys Sales New Zealand 2018/2019

• #1 Bayleys New Zealand Commercial Deals Settled 2015/2016, 2016/2017, 2017/2018, 2020/2021 & 2021/2022

• #1 Bayleys Tauranga Commercial Sales 2011 to 2022

• Success Realty Limited “Commercial Salespersons of the Year” nine times

• #1 Success Realty Limited Greatest Number of Unconditional Deals Settled 2019/2020 & 2021/2022

• Top track record with over $400 million of commercial transactions over the past 18 years

Areas of specialty:
Business, Commercial & Industrial Sales & Leasing

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ID#429089

CBD

Tauranga
Expressions of Interest
proudly marketed by
Brendon & Lynn Bradley
Success Realty Ltd MREINZ
021 816 600 (B) 027 441 1213 (L)
Message Me

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