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.
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