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
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Contact


Philip Hunt

Philip Hunt

021 378 348

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Property enquiry

Property enquiry for
TGC165127

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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)

A unique opportunity to acquire bare industrial land in Tauranga's prestigious Tauriko Business Estate. Lots 563 (2595m2 approx.) and 564 (5,272m2 approx.) are situated right next to each other and located in stage 3A of the industrial subdivision. Both these lots will have easy access to State Highway 29, State Highway 36 and to the Port of Tauranga. In addition, Lot 562 (4,886m2 approx.) is also available. Titles have been issued. Act quickly, these vacant blocks of land are a rare opportunity. Contact the sole agent for more information.

By Negotiation

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