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Bayleys Tauranga, (Licensed: REAA 2008)

18-22 Fifteenth Avenue, City Centre

Asking price $2,750,000

Listing Description

Listed: Fri, 17 Apr

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18-22 Fifteenth Avenue, City Centre, Tauranga, Bay Of Plenty

Details

  •   2015m² Land
AttributeValue
Property use
Development site
Agency reference
2505606

Description

18-22 Fifteenth Avenue, Tauranga presents a prime land holding of 2,015sqm (more or less) across three freehold titles. The current tenant Z Energy Limited leases all three sites returning an annual rental of $187,223.47 +GST and outgoings from 18 December 2026. Built in rental growth provides a hands-off investment opportunity on a high profile and large-scale corner site.

Occupying a prime corner position fronting Fifteenth Avenue and Mayfair Street, with Burrows Street at the rear delivering multiple access routes. This stretch of road is a main thoroughfare linking Welcome Bay to Cameron Road and the rest of Tauranga, seeing an estimated 20,000 vehicle movements daily.

This is a unique opportunity to secure three titles offering both scale and substantial future upside potential. Reap the rewards of this prominent site on one of Tauranga's busiest corridors.

Property Features: *National Tenant Z Energy Limited T/A U GO Self Service Station
*Three freehold titles comprising 2,015sqm (more or less) *Prime corner position on high traffic arterial route *Returning $187,223.47 +GST & outgoings pa from 18 December 2026 with built in rental growth *Providing profile and scale with considerable future upside potential

For more information on this spotlight opportunity, contact Mark Walton or James Hill today.


Property Files

Mark Walton

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Platinum Partner

Bayleys Tauranga, (Licensed: REAA 2008)

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