4 Brook Street, Parkvale, Tauranga

By Negotiation
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Industrial multi-tenanted investment

Welcome to 4 Brook Street, a multi-tenanted property (with full lease occupancy) in the established commercial zone of Parkvale, Tauranga. Consider "Getting a few business contacts together." This could be a great opportunity to join with family or friends to acquire a "multi tenanted" investment with great cashflow and growth, expand your thinking and become the proud owner! Conveniently located with a short drive to Tauranga CBD and proximity to both Fraser Cove and Greerton retail hubs, together with easy site accessibility for commercial/trade activity. The building envelope stretches in two rows (over a 7038m2 approx. land parcel) with wide access off Brook Street and ample parking, providing attractive positioning for industrial and commercial tenants. With established leases in place for all 11 tenancies, the well-maintained property provides steady income. Regular market rental reviews feature in all lease agreements, providing the opportunity for growth over time. In addition, there are 10 smaller storage sheds all currently tenanted on short-term lease agreements and demonstrating regular rental growth as tenants are replaced. Enjoy hands-on, day-to-day management of this multi-tenanted property, or have your investment professionally administered by Commercial Property Management. The offering will appeal to investors looking at a competitive rental yield on a stable, established investment opportunity with future upside. Disclosure documentation including full lease documentation are available on request. Call the Sole Agent

4 Brook Street, Parkvale, Tauranga

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Philip Hunt

Philip Hunt

021 378 348

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The developer is seeking interest from an experienced hospitality operator to reap the benefits of this ground floor, front facing hospitality space with a covered outdoor courtyard. Vantage is an exciting premium development in the heart of Tauranga comprising one level of commercial space (ground floor), and four levels of sold residential apartments (27) and penthouses (5). The tenancy is approx. 133sqm with 53sqm courtyard, plus a share of common area and has five covered car parks onsite. Due for completion late 2022, secure your spot now! Contact the agents for an extensive information pack.

By Negotiation

New industrial unit - street profile in Tauriko - must sell! Price reduced. • Urgent sale required - vendor's price reduced from $739,000 to $699,000 + GST (if any) • Perfect for owner occupiers! • New 96m2 ground + 20m2 mezzanine (approx.) industrial unit • Street front unit, located on a high traffic road • Tilt slab and steel construction • Stud height allows stacking to 5 metres (approx.) • Compact office and amenities • Three carparks Matakokiri Drive is strategically positioned between SH29 (Kaimai) and SH36 (Pyes Pa) - to be linked. It is set to be a busy arterial route with the nearby new Winstone Wallboards 12.8HA site (opening in 2023). Tauriko Business Estate offers easy access from Takitimu Drive (motorway) and from the Lakes and Pyes Pa residential subdivisions via Paraone Koi Koi Drive. The Tauriko Business Estate comprises of 200 hectares of net developed lots and is one of the largest industrial parks in Australasia. Contact the sole agent, Philip Hunt for more information.

$699,000 + GST (if any)

• A great unit size in a popular development • Floor area (approx.) 142m2 comprising 130m2 of warehouse and 12m2 of office/amenities • 3 carparks on site (more if stacked) • 4m wide roller door access • No body corporate • Available now Contact the sole agent Philip for more information.

$819,000 + GST (if any)

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