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Image 3 - 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 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

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

OPEX $: $8000p.a + GST

Office

809
427 m²

Sold Property

46 Burrows Street, Tauranga South, Bay of Plenty 3112

Entry Level Leased Investment For Sale

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

Outgoings

OPEX $: $8000p.a + GST

Sold Date

13 February, 2023

Ken Walter Harcourts Tauranga Central

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Office Harcourts Tauranga Central

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