


Listing Description
Passive investment with panoramic views!
2/144 Third Avenue, City Centre, Tauranga, Bay Of Plenty
Asking price $1,275,000
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Agency reference | 2504354 |
Description
- Outstanding three level office unit, fully leased
- Current annual net rental of $70,304 + GST and OPEX with built in annual growth
- Recently refurbished with outstanding water views towards Mt Maunganui
- Eight exclusive car parks provide ample on-site parking
Presenting an opportunity to purchase a superb north-facing office with a sensational view across the stunning Waikareao estuary towards The Mount. The top two floors are configured as one tenancy of approximately 124.5sqm and a new lease has commenced in 2025 providing a solid income for a new owner alongside the established ground floor tenant. Brand new flooring, interior paint and LED lighting ensure this will be a good passive investment for years to come. This complex has become a popular tenant choice for small to medium sized businesses with easy access to major arterial routes and with 8 car parks, your tenants will always have the benefit of a car park on their doorstep. Situated on the fringe of the Tauranga CBD, this property must appeal to astute investors looking for a quality, split risk office investment.
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