9 Koromiko Street, Judea, Tauranga, Bay Of Plenty

This high quality industrial investment offers modern office and showroom space complemented by functional warehousing, with generous surplus land for yard storage and onsite parking. Positioned on Koromiko Street, one of Tauranga’s most strategic industrial addresses, the property is just minutes from the CBD and Port, while providing excellent access to key arterial routes. The long established tenant, NZ Windows, underpins the asset with secure net rental income of $350,000 p.a. plus GST, who are in place through to April 2032. This is an opportunity to secure a premium, multi-use industrial property on a large freehold site with strong tenant covenant, excellent accessibility, and long term investment appeal in Tauranga’s tightly held industrial market.   For more information contact Simon or Rob.

Features:

• Net rental: $350,000 + GST p.a. & OPEX
• Building area: 2,354m² & 258m² canopies (approx.)
• Freehold land area: 4,553m²
• Close to major arterial roads
• Ample carparks and yards
• Long lease until 2032 + rights of renewal
• Substantial high spec buildings

For Sale by Asking Price of $5,850,000 + GST (if any)

More information: https://www.colliers.co.nz/p-NZL67034983