This is an exceptional opportunity to purchase a fully tenanted, multi-purpose commercial property located at the highly sought-after “Golden Mile” intersection of Cameron Road and 4th Avenue. The property currently generates a stable cash flow from six tenants, all on affordable rental rates. All leases are set to expire in late 2029, providing the flexibility to either redevelop the property or extend the leases to maintain long-term tenant stability.
The property consists of two main building structures: a two-storey retail and office building fronting Cameron Road, and a single-level retail and office/warehouse building fronting 4th Avenue. The buildings are connected through an onsite car park, providing convenient access and ample parking for tenants and visitors alike.
The recent completion of Cameron Road’s transportation upgrades has further enhanced connectivity and accessibility to Tauranga’s CBD, making this a prime investment in a rapidly growing area.
Features:
* 1027 sqm land area with 865 sqm (gross) of building space
* 6 Tenants generating $190,000 + GST per annum
* Commercial zoning allowing for 27m high developments
* Competitive rental rates with potential for future growth
* 14 onsite car parks
* High-profile corner site providing excellent visibility
* All leases expiring in late 2029, offering potential redevelopment opportunities
