383sqm
floor area
240sqm
land area
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 |
•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
Licensed under the REA Act 2008
Mobile: +64 27 247 4789 |
Office: +64 7 571 4676 |
christy.arundel@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 038 2128 |
Office: +64 7 571 4675 |
ivy.shen@bayleys.co.nz |
383sqm
floor area
240sqm
land area
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 |
77 Devonport Road, Tauranga Central
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 247 4789 |
Office: +64 7 571 4676 |
christy.arundel@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 038 2128 |
Office: +64 7 571 4675 |
ivy.shen@bayleys.co.nz |
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