Tauranga Retail Centre. 7% yield.
Asking price: $16.95 million.
42 Gravatt Road, Papamoa, Tauranga, NZ
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Key Investment Considerations:
Returning $1.18 million plus GST per annum - WALT 3.48 years.
International tenants account for 81% of the income.
Established retail destination - anchored by Pak’n Save, Mitre 10, Countdown and The Warehouse.
Tauranga and the Bay of Plenty’s only outlet shopping centre.
Surrounded by a rapidly growing residential catchment.
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FOR SALE BY PRIVATE TREATY
Brice Clark
Brice Clark
Commercial Sales

M +64 21 133 6171
E brice.clark@whillans.co.nz