An outstanding opportunity to secure a fully tenanted, multi-income investment property in a central Tauranga location. 177 Eleventh Avenue offers an attractive combination of established income, tenant diversity and future rental growth potential.
Key features:
-Substantial 1,012sqm freehold landholding with commercial zoning
-Fully occupied, generating $171,882 per annum in net rental income
-Diversified investment with three commercial and three residential tenancies
-Scheduled rent reviews and fixed increases provide rental upside in 2027
-Split risk investment opportunity, with 3 commercial Tenants and 3 residential Tenants
-Residential flats professionally managed by EVES, with the option for a new owner to retain their management services if they wish to
-High-profile position on busy Eleventh Avenue, with excellent exposure and convenient access to key arterial routes
Offering strong existing cash flow, underlying freehold land value and future income upside, 177 Eleventh Avenue is a compelling investment opportunity worthy of serious consideration.
For sale by Auction (1pm Wednesday 2nd December 2026, unless sold prior).
Contact Christy today for a full information pack, or to arrange your inspection:
Christy Arundel 027 247 4789
