This high profile location has a genuine opportunity for future development. It was previously granted resource consent for an extensive office block development including car parking, loading/drop-off zones and various other storage and laboratory buildings.
Just a short drive north of the Tauranga central business district, around 15 minutes to Tauranga Airport and a short drive to the port of Tauranga, the potential is seemingly endless for this multi-faceted high profile property.
Currently offering a modest holding income the planned office development has been the main focus of the current owners. Bethlehem Shopping Centre is just minutes away. State Highway road frontage offers plenty of exposure and of course easy access both north towards Auckland, and south towards Tauranga and the busiest port in New Zealand.
A single level four bedroom home on site has been earmarked for demolition to enable the office block to be constructed in the best position, however it may be possible to resurrect the dwelling if required. Two large sheds on site were to remain along with the converted shed on the corner, which is a prominent site with car parking and a tenant utilising the office space provided.
A large shed utilising a poly panel method of construction could potentially offer chilled storage options. Office space is included, as are a shower room and toilet which offers a broad range of potential uses.
Tauranga continues to be the most sought after lifestyle city in New Zealand. An investment property such as this is a once in a lifetime opportunity which will never be repeated. Located within New Zealand's "Golden Triangle" for property ownership Tauranga, Auckland and Hamilton are all within easy reach.
To be sold plus GST (if any).
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