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Image 1 - sold property - 46 Burrows Street, Tauranga South, Bay of Plenty 3112
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Sold Property

46 Burrows Street, Tauranga South, Bay of Plenty 3112

  • 809
  • 427 m2

Ken Walter

Ken Walter Harcourts Tauranga Central

021991*** Enquire
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Entry Level Leased Investment For Sale

NAI Harcourts is proud to present this versatile property to the market.
- The 427sqm building is set on a freehold 809sqm road frontage site, includes a leased retail outlet and workshop.
- The property is zoned Commercial and is situated in the Tauranga South commercial hub.
- Three leased tenancies, comprising: 160sqm retail, 112sqm warehouse and a 155sqm workshop with a 235sqm yard space.
- The split income offers the new owners an opportunity to occupy some, or all the space in future?
- Ease of access: Burrows Street can be accessed off 15th or 13th Avenue.
- Contact us for further details.

To view further information on this property, please visit:
https://www.naiharcourts.co.nz/TG57399#documents Property ID: #TG57399

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Sold Date

  • 13 February, 2023

Property features

  • Property Type: Warehouse, Land, Other (Workshop and yard area), Retail
  • Showroom Square Metres: 155
  • Warehouse Square Metres: 112
  • Retail Square Metres: 160
  • Yard Square Metres: 235
  • Carparks: 3
  • Property Details: Tenanted Investment
  • Zone: Commercial
  • Tenure: Fee Simple
  • More Details URL: https://www.naiharcourts.co.nz/TG57399#documents
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 51240.00
  • Tenancy 1: Area Sqm: 160, Commencement Date: 15 April 2014, Rental net/gross p.a.: 19200, Review Dates: 2yrs, Rights of Renewal: 3yrs x 4, Tenant Name: Indian Food & Spices, Term (years): 3
  • Tenancy 2: Area Sqm: 112, Commencement Date: 15 April 2014, Rental net/gross p.a.: 12840, Review Dates: 2yrs, Rights of Renewal: 3yrs x 4, Tenant Name: Indian Food & Spices, Term (years): 2
  • Tenancy 3: Area Sqm: 155sqm Workshop, 235sqm Yard, Commencement Date: 19 July 2020, Rental net/gross p.a.: 19200, Review Dates: 2yrs, Rights of Renewal: 1yr x 1, Tenant Name: Glen 4 Glass, Term (years): 3
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Outgoings

  • OPEX $: $8000p.a + GST

Office

Harcourts Tauranga Central

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Est. bond $1920
  • 809
  • 427 m2

Sold Property

46 Burrows Street, Tauranga South, Bay of Plenty 3112

Entry Level Leased Investment For Sale

NAI Harcourts is proud to present this versatile property to the market.
- The 427sqm building is set on a freehold 809sqm road frontage site, includes a leased retail outlet and workshop.
- The property is zoned Commercial and is situated in the Tauranga South commercial hub.
- Three leased tenancies, comprising: 160sqm retail, 112sqm warehouse and a 155sqm workshop with a 235sqm yard space.
- The split income offers the new owners an opportunity to occupy some, or all the space in future?
- Ease of access: Burrows Street can be accessed off 15th or 13th Avenue.
- Contact us for further details.

To view further information on this property, please visit:
https://www.naiharcourts.co.nz/TG57399#documents Property ID: #TG57399

Show More

Property Features

  • Property Type: Warehouse, Land, Other (Workshop and yard area), Retail
  • Showroom Square Metres: 155
  • Warehouse Square Metres: 112
  • Retail Square Metres: 160
  • Yard Square Metres: 235
  • Carparks: 3
  • Property Details: Tenanted Investment
  • Zone: Commercial
  • Tenure: Fee Simple
  • More Details URL: https://www.naiharcourts.co.nz/TG57399#documents
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 51240.00
  • Tenancy 1: Area Sqm: 160, Commencement Date: 15 April 2014, Rental net/gross p.a.: 19200, Review Dates: 2yrs, Rights of Renewal: 3yrs x 4, Tenant Name: Indian Food & Spices, Term (years): 3
  • Tenancy 2: Area Sqm: 112, Commencement Date: 15 April 2014, Rental net/gross p.a.: 12840, Review Dates: 2yrs, Rights of Renewal: 3yrs x 4, Tenant Name: Indian Food & Spices, Term (years): 2
  • Tenancy 3: Area Sqm: 155sqm Workshop, 235sqm Yard, Commencement Date: 19 July 2020, Rental net/gross p.a.: 19200, Review Dates: 2yrs, Rights of Renewal: 1yr x 1, Tenant Name: Glen 4 Glass, Term (years): 3
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Outgoings

  • OPEX $: $8000p.a + GST

Sold Date

  • 13 February, 2023
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Ken Walter Harcourts Tauranga Central

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