4 Brook Street, Parkvale, Tauranga
By Negotiation
7,038m2
3,667m2
+4
+3
Industrial multi-tenanted high yield
A rare opportunity for property investors to acquire a fully leased multi-tenanted property on a generous 7,038m2 (more or less) freehold site. Strategically located in the established commercial area of Parkvale, this property is just a 10-minute drive from Tauranga CBD and near both Fraser Cove and Greerton retail hubs. Key Investment Highlights: • Industrial building with approximately 3,677.08m2 of net lettable area, featuring four main structures, including storage sheds. • Price indication will provide circa (over 7% yield) • Fully tenanted with 11 active tenancies • Ample on-site parking for all tenants, plus a large rear yard This offering is ideal for buyers seeking a stable, established investment with potential for future growth. Contact the sole agents for more information or to arrange a viewing.
4 Brook Street, Parkvale, Tauranga
Web ID
TGC165127
Floor area
3,667m2
Land area
7,038m2
By Negotiation
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New industrial unit - street profile in Tauriko - must sell! Price reduced. • Urgent sale required - vendor's price reduced from $739,000 to $699,000 + GST (if any) • Perfect for owner occupiers! • New 96m2 ground + 20m2 mezzanine (approx.) industrial unit • Street front unit, located on a high traffic road • Tilt slab and steel construction • Stud height allows stacking to 5 metres (approx.) • Compact office and amenities • Three carparks Matakokiri Drive is strategically positioned between SH29 (Kaimai) and SH36 (Pyes Pa) - to be linked. It is set to be a busy arterial route with the nearby new Winstone Wallboards 12.8HA site (opening in 2023). Tauriko Business Estate offers easy access from Takitimu Drive (motorway) and from the Lakes and Pyes Pa residential subdivisions via Paraone Koi Koi Drive. The Tauriko Business Estate comprises of 200 hectares of net developed lots and is one of the largest industrial parks in Australasia. Contact the sole agent, Philip Hunt for more information.
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