Bayleys Tauranga is pleased to present 385 Matakokiri Drive, Tauriko for sale by Deadline Sale closing 12pm, 31 July 2026 (unless sold prior).
Returning $179,500 plus GST and outgoings per annum, this immaculate dual-tenancy industrial investment offers a compelling combination of near-new construction, diversified income and strengthened lease security.
The investment is underpinned by a renewed three-year lease in Tenancy 1 and a new five-year leaseback from Rangehood Solutions BOP in Tenancy 2, providing investors with confidence in the property's ongoing income stream while demonstrating strong tenant commitment to the location.
Completed in December 2023 by highly regarded commercial builder Iline Construction, this immaculately presented industrial investment comprises approximately 959.7sqm of high-quality improvements on a freehold 1,800sqm (more or less) site. The property is configured as two separate tenancies and benefits from a modern, functional design with generous yard space and ample onsite parking.
Key features:
•Returning $179,500 plus GST and outgoings per annum
•Renewed three-year lease in Tenancy 1
•New five-year leaseback from Rangehood Solutions BOP in Tenancy 2
•Freehold 1,800sqm (more or less) site
•Approximately 959.7sqm of modern industrial improvements
•Completed December 2023 by highly regarded commercial builder Iline Construction
•Dual tenancy configuration providing diversified income
•Generous yard and onsite parking
Tauriko Business Estate is fast becoming Bay of Plenty's most desirable and tightly held industrial locations, benefiting from strong occupier demand, modern infrastructure and excellent connectivity. With direct access to State Highway 29, the Port of Tauranga and the wider Golden Triangle, the location continues to attract both national and regional businesses, underpinning long-term investment performance.
With strengthened lease terms, near-new improvements and a highly functional dual-tenancy configuration, 385 Matakokiri Drive presents a compelling opportunity to secure a quality industrial investment in a premium location.
Contact Myles Addington today to receive the Information Memorandum or arrange an inspection.
