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

139 Willow Street, City Centre

Asking price $849,000

Listing Description

Listed: Tue, 6 May

Strong 7% Return on City Centre Trophy Investment

139 Willow Street, City Centre, Tauranga, Bay Of Plenty

Asking price $849,000

Details

  •   535m² Floor
  •   325m² Land
AttributeValue
Property use
Office
Agency reference
NZL67033652

Description

PRICE REDUCED   This is a unique chance to secure your own slice of a property within the soon to be thriving Tauranga city centre, the opportunity presents itself to purchase a 37.5% of this apportionment title property. The current title holder is looking to sell their share in this prime city centre building. 

Positioned on a highly visible corner within Tauranga’s city centre, 139 Willow Street presents a versatile and high-quality commercial opportunity. The two-level building features a premium ground-floor office space that could be seamlessly converted into retail, maximizing its potential in this rapidly evolving location.

The first floor comprises a range of well-maintained office suites, offering flexibility for multiple tenants and ensuring a solid split-risk investment. With a range of city centre developments unfolding along with increasing foot traffic, excellent street exposure, and proximity to key city amenities, this property would be a compelling option for investors looking for a solid long-term hold within a transforming city centre.

Features:

  • Freehold land area: 325m²
  • Building: 535m² (approx.)
  • Total building net rental: $158,900 + GST & OPEX
  • High profile
  • Split risk
  • Future development potential
  • Prime corner location

For Sale by Asking Price of $849,000 + GST (if any). Price is for 37.5% share of this apportionment title property

More information: https://www.colliers.co.nz/p-NZL67033652


Property Files

Dan Rae

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

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