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Tauranga Central

77 Devonport Road, Tauranga Central, Tauranga & Surrounds

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240sqm Land area SQM
383sqm Floor area

Strategic CBD Investment - positioned for growth


•Split risk investment opportunity
•Three established Tenants
•Net rental $89,950 p.a + GST/OPEX with future rental upside
•Freehold land 240sqm (more or less)
•Total floor area of approximately 383sqm
•Seismic strengthening completed in 2011
•Located within height area A of the CBD, the property provides opportunity for future development with no height limit
•Positioned on the “sunny side” of Devonport Road in the heart of the CBD

Tauranga's CBD is undergoing a $1.5 billion transformation, driven by both private investors/developers and government investment in premium office spaces, retail, hospitality and infrastructure. As one of New Zealand's fastest-growing cities, Tauranga CBD is set to become a dynamic urban hub, attracting businesses, residents, and visitors. With key developments reshaping the skyline and boosting economic activity, now is the time to invest in a revitalised city centre positioned for long-term growth.

For more information on 77 Devonport Road, please reach out to Christy Arundel or Ivy Shen from Bayleys Tauranga today:
Christy 027 247 4789
Ivy 021 038 2128

For Sale by Negotiation
Christy Arundel

Christy Arundel

Commercial, Industrial and Development Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Ivy Shen

Ivy Shen

Commercial Sales

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Passing income


Returning $89,950 p.a. +GST and outgoings

Floor area details


Total floor area of 383sqm (approx.)

Land area breakdown


240sqm land area (more or less)

Zoning


City Centre Business zone

Opportunity


Freehold investment opportunity

Prime frontage


Street frontage of approximately 30 metres opposite the new TCC offices

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