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ID#592251
51-57 Fifteenth Avenue,
Tauranga South
Tauranga
PBN
Approx
1,302m²
(≈14,014.6 sq.ft.)
Approx
3,623m²
(≈38,997.61 sq.ft.)
proudly marketed by
Tauranga - trophy investment!
• Substantial standalone commercial asset
• Split risk investment with 5 top tier tenants
• Impressive annual net rental $430,810+GST & OPEX
• Rental growth potential from CPI and market reviews
Astute investors will most certainly recognise and resonate with this outstanding opportunity to secure a Tauranga trophy investment asset underpinned by a mix of just under 50% medical with the balance ministry and national tenants.
Fully leased with strong tenant covenants from Healthcare on Fifteenth, Unichem Fifteenth Avenue Pharmacy, Te Puni Kokiri, Canon Bay of Plenty and Stonewood Homes, the property offers secure income streams in a key growth location.
Known as Fifteenth Business Corner, the site is situated at the bottom of Fifteen Avenue / State Highway 2A, offering a high-profile location with ease of access and excellent exposure on one of Tauranga's busiest arterials.
Seldom do such compelling commercial opportunities of this calibre come to the Tauranga market and this is arguably one highly desirable acquisition for serious investors looking to secure a premium passive investment for a long-term hold!
Agents
Brendon Bradley
Success Realty Ltd MREINZ
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
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
This property was photographed by
Maria Eugenia Iovaldi
Media Specialist
Bay of Plenty
ID#592251
51-57 Fifteenth Avenue,
Tauranga South
Tauranga
PBN
proudly marketed by