362 Cameron Road, Tauranga Central, Tauranga & Surrounds

SELLING BELOW VALUATION

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