Top Tauranga industrial investment

The large standout premises housing a regional distribution hub for Mitre 10 Mega is up for sale in a Tauranga industrial stronghold.

The well-presented more than 6,200-square-metre Greerton site encompasses a high-stud warehouse, quality office and showroom space and a generous yard.

The standalone industrial-zoned facility is leased for the storage, distribution and administration of goods by Mitre 10 Mega Tauranga, Rotorua and Waihi. Providing strong holding income of $670,778 plus GST and outgoings. With future upside for owner-occupiers or add-value investors from January 2027.

The freehold land and buildings at 3 Hynds Road, Greerton, Tauranga, are now being marketed for sale by James Hill, Ryan Bradley, Tyler Barry and Sunil Bhana of Bayleys Real Estate.

The property is being offered to buyers by deadline private treaty closing on Tuesday 9 December (unless sold prior).

Hill said the sale presented an industrial opportunity of a calibre and scale scarcely seen in the Tauranga market.

“This is an exceptional chance to secure a fully leased industrial investment with a strong holding income, and flexibility for future occupation or re-leasing with potential rental upside, with the current lease expiring in January 2027.

“Along with the asset comes a coveted stake in one of New Zealand’s strongest industrial markets in a well-established, strategically located Tauranga precinct with logistical ease to major arterial routes,” Hill said.

The approximately 4,596 square metres of buildings are underpinned by some 6,219 square metres of freehold land with extensive concrete yard space and plenty of parking.

Bradley said the functionality of the Hynds Road facility made it well-suited for a variety of business occupiers.

“At its heart is a warehouse of some 2,900 square metres with a high stud accommodating pallet racking up to eight metres high. This is complemented by significant premium-grade office and showroom space, all with a high-quality internal fit out, plus a generous yard with a canopy allowing for dry loading facilities.

“Convenience of use is further supported by dual vehicle access points from the Hynds Road frontage,” said Bradley.

Barry said the Hynds Road site sat within the Industrial zone under the Tauranga City Plan.

“This zoning permits various forms of industry, along with the likes of trade and yard-based supplies, port activities, and ancillary offices and retail.

“Neighbouring sites host diverse business activities, from warehousing, storage and manufacturing to distribution, automotive and building supplies,” said Barry.

Bhana said the Greerton location was a key advantage for future owners and occupiers.

“Hynds Road is close to main arterial routes as well as being centrally located for local activity.

“Positioned in the heart of Tauranga South’s established industrial precinct, this location offers handy connections to Cameron Road, State Highway 29, the Port of Tauranga and the wider Bay of Plenty,” Bhana said.

The Tauriko Business Park and Tauriko Crossing regional shopping centre are approximately four kilometres to the southwest.