A unique opportunity on the market for the first time in 46 years, this property is now attractively priced BELOW valuation and offers short-term holding income while you plan your new development on this prime corner site in the early Avenues, just a short walk from the Tauranga CBD.
362 Cameron Road has been proudly owner occupied since 1978 as a car sales yard. Estimated to have been built circa 1906, the charming character villa has stood as a landmark on this prestigious corner site for over a century.
AN EXCITING PROSPECT FOR DEVELOPMENT:
• Holding income from short-term lease (contact Agents today for lease details)
• Freehold corner site of approx. 716 sqm
• Zoned Commercial Business
• Development potential up to 27 metres by right (TCC plan)
• To be sold with vacant possession
• Strategic city fringe location - less than 1KM from the heart of the CBD, the location offers close proximity to professional businesses, retailers, service providers, and cafes/restaurants
SURE TO APPEAL TO OWNER OCCUPIERS OR INVESTORS:
• Current building comprises a floor area of approx.141sqm plus rear shed of approximately 20sqm
• Expansive yard offers some of the best onsite parking for a property of this size in Tauranga Central
• Unmatched exposure - positioned on the high-profile corner of Cameron Road and Arundel Street, benefiting from an estimated 22,000 passing vehicles daily offering unparalleled signage and branding opportunities
• Excellent connectivity - public transport nearby and easy access to key arterial routes
RV: $2,360,000
Asking price: $1,975,000 + GST (if any)
To discuss this opportunity or request information, please contact our Agents:
Christy Arundel 027 247 4789 and Rory Brown 022 490 1437
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Contact us and have your questions answered.