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Listed over 4 years ago

ID#456629

CBD

Tauranga City
Auction
0
0
475
(5,112.85 sq.ft.)
proudly marketed by
Brendon & Lynn Bradley
Success Realty Ltd MREINZ
021 816 600 (B) 027 441 1213 (L)
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Time to buy in Tauranga!

- Split risk investment with two tenants providing strong income/cash flow

- 453sqm commercial site / 475sqm building / C Grade Seismic Rating

- City Centre zoned for future multilevel redevelopment up to 49 metres

- Annual net rental of $108,000 + GST & Outgoings

This fully tenanted freehold investment presents the perfect time to purchase in the Tauranga CBD. Situated at the top of the rise on the eastern side of Devonport Road, the site offers position, profile and significant potential to capitalise on the expected growth of a large inner city apartment population.

One of the city's character buildings featuring its original front facade, the premises are occupied by two retail tenants on new three year leases with further rights of renewal. However both include redevelopment clauses that provide future options for either developers and/or passive investors alike.

Enjoy the existing rental income or plan a new multilevel mixed use development to redefine this location with your landmark. Great opportunity to be a part of the renaissance activity currently underway in the CBD and reap the rewards of a much more vibrant and dynamic Tauranga City Centre!

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#456629

CBD

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

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