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SOLD
Huge Cameron Road land holding - Three street frontages

Strategic 2,993m² site |  Substantial 2,570m² building | Excellent holding income

 
 
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The Opportunity

This property offers the new owner a multitude of potential uses and development opportunities. Either you can utilise this substantial 2,570m² three-level building with 60 plus onsite car parks and/or add additional commercial or residential buildings. You could also "bite the bullet" and plan a comprehensive three to four-story development on this huge landholding that could include a combination of retail, offices and/or apartments and townhouses in this great central location. 

Features:
 - Corner profile – 3 street frontages
 - Strategic 2,993m² site
 - 79% of NBS (IEP)
 - Excellent holding income
 - 60 onsite car parks
 - Substantial 2,570m² building
 - Commercial/residential zoning

*Boundary lines are indicative only.


Highlights

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Leases expire 2023 to 2025

The beauty of this opportunity is that you have time to plan your development with a substantial current rental income and leases the come available between 2023 and 2025. If you are an owner-occupier, this also gives you the opportunity to use the property for your own business in the near future and plan your internal fit-out.

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Great development for retail, office & residential

Properties of this size and scale in such a high-profile location rarely come available. This property offers three road frontages for great accessibility but also a substantial 2,993m2 land area with versatile commercial and residential zoning.


The Agents

Simon Clark

Simon Clark

Managing Director

Tauranga

Licensed under the REAA 2008

Duncan Woodhouse

Duncan Woodhouse

Commercial Industrial Broker

Tauranga

Licensed under the REAA 2008


Location


Sales Process

DEADLINE PRIVATE TREATY 23RD SEP 2021 4PM (UNLESS SOLD PRIOR)


Enquire Today