4 Brook Street, Parkvale, Tauranga

By Negotiation
7,038m2
Land Area
3,667m2
Floor Area

+3

+2

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

Web ID

TGC165127

Floor area

3,667m2

Land area

7,038m2

By Negotiation
View by appointment

Contact


Philip Hunt

Philip Hunt

021 378 348

View Profile

Property enquiry

Property enquiry for
TGC165127

About the location


Satellite

You might also like


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)

Discover Bay of Plenty

Living up to its name - there is plenty to do - surfing, beaches, shopping, food and wine-tasting

Request for information files


Terms of Supply

By accepting the information contained in the Property Brokers Information Files, I acknowledge I have read, understood and accepted the terms on which the information is made available:

  • It is acknowledged that any LIM report/builders reports/title search information or other property information documents that have been supplied by Property Brokers have been provided to interested potential buyers for general information purposes only, and may not have been sourced directly from providers by Property Brokers.
  • Neither Property Brokers nor their client (vendor) warrant the accuracy, completeness or currency of this documentation and nor do they accept liability for any errors or omissions in these documents.
  • All interested potential purchases should conduct their own due diligence, and obtain and rely on their own documents and legal/specialist advice as required from a person/company of their choosing.
  • Any purchase decisions are made entirely on reference of potential purchasers own judgement and they have satisfied themselves on all aspects of the property independently. Such decisions have not been made upon reference of the documents received in the Information Files supplied by Property Brokers.
  • By requesting the Information Files, you give consent for the real estate agent to communicate with you.