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Colliers, Tauranga Commercial, CPS Partnership Ltd Tauranga, (Licensed: REAA 2008)
Simon Clark Simon Clark

120 Eleventh Avenue, Avenues

Deadline sale by 16 May

Listing Description

Listed: Thu, 18 Apr

Substantial standalone office building

120 Eleventh Avenue, Avenues, Tauranga, Bay Of Plenty

To be sold by deadline sale (by 16 May)

Details

  •   537m² Floor
  •   814m² Land
AttributeValue
Property use
Office
Agency reference
NZL67028459

Description

Situated on the busy Eleventh Avenue feeder road and close to the major intersection of Cameron Road, this two level building of 538m² on an 814m² freehold site is looking forward to being introduced to its new owner.  120 Eleventh Avenue is built of solid construction providing two levels of traditional office space currently in 4 tenancies, one of which is currently leased which expires in 2025.  Options abound to add value including a small renovation of the existing configuration or a more substantial remodel and upgrade of the interior and exterior likely to add significant upside to value, attractiveness and positioning.  The property is fortunate to offer an extraordinary parking provision of 16 on site, plus those on the road side PLUS the free TCC open air carpark immediately next door.  It’s central 11th Avenue locality and Commercial zoning allows for a broader tenant pool including retail/showroom, medical, gym, churches and offices.

Features:

  • Suitable for owner occupiers, investors and developers
  • Building area: 538m² (approx.)
  • Land area: 814m² freehold site
  • Vacant possession on 426m² of building
  • 90% NBS (IEP 2023)
  • 16 on site parks
  • Excellent access to off site parking
  • Zoned commercial
  • Easy access to arterial routes

Deadline Private Treaty closing 4pm, Thursday 16th May 2024 (unless sold prior)

More information: https://www.colliers.co.nz/p-NZL67028459


Map




Colliers, Tauranga Commercial, CPS Partnership Ltd Tauranga, (Licensed: REAA 2008)
Simon Clark

Simon Clark


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Agent's details

Simon Clark

Simon Clark

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Duncan Woodhouse

Duncan Woodhouse

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Colliers, Tauranga Commercial, CPS Partnership Ltd Tauranga, (Licensed: REAA 2008)

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