Invest, land bank or develop!
5 Balmoral Terrace is a unique opportunity in a fantastic Tauranga location. It is an excellent opportunity for investors or developers to acquire a central parcel of land with a holding income. The property's central location ensures strong demand for tenants.
This prime site spans 1660 square metres which currently houses 5 two bedroom units each with a carport and storage unit.
· Great location
· Add-value potential
· Great land bank opportunity for future development
· 5 units on individual titles
· Total freehold land area: 1660sqm
· Space to add additional units
· Great investment potential, options for rental income or capital appreciation
Please contact the Harcourts sales consultants below for further information.
Auction Thursday 30th May 2024 at 11:30am (unless sold prior) Harcourts Auction Rooms, 1 Third Avenue, Tauranga
To request documents please visit Harcourts:https://harcourts.net/L27685332