â¢Split risk investment opportunity
â¢Three established Tenants
â¢Net rental $89,950 p.a + GST/OPEX with future rental upside
â¢Freehold land 240sqm (more or less)
â¢Total floor area of approximately 383sqm
â¢Seismic strengthening completed in 2011
â¢Located within height area A of the CBD, the property provides opportunity for future development with no height limit
â¢Positioned on the âsunny sideâ of Devonport Road in the heart of the CBD
Tauranga's CBD is undergoing a $1.5 billion transformation, driven by both private investors/developers and government investment in premium office spaces, retail, hospitality and infrastructure. As one of New Zealand's fastest-growing cities, Tauranga CBD is set to become a dynamic urban hub, attracting businesses, residents, and visitors. With key developments reshaping the skyline and boosting economic activity, now is the time to invest in a revitalised city centre positioned for long-term growth.
For more information on 77 Devonport Road, please reach out to Christy Arundel or Ivy Shen from Bayleys Tauranga today:
Christy 027 247 4789
Ivy 021 038 2128
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.