Shop 6, 109 Devonport Road occupies a prime position in Tauranga's CBD, offering a clear pathway for owner-occupation in one of New Zealand's fastest-growing cities. The property comprises an immaculately presented hospitality premises with an existing high-quality fit-out suitable for continued food and beverage use, or refurbish to suit your own business needs in this prime location!
CV: $1,450,000 (TCC)
Asking price: $1,080,000 + GST if any
- Total area approx. 243.3sqm (comprising 203.6sqm building and 39.7sqm outdoor courtyard)
- Includes two secure covered carparks onsite
- Current lease in place with expiry 31 October 2026 at $77,366 p.a + GST and outgoings (tenant has ceased trading and vacant possession is available)
- Indicative market rental assessment approx. $80,000 - $90,000 (+GST and outgoings)
- Prime frontage to the busy Elizabeth Street with strong foot traffic, visibility, and signage presence
- Location benefits from recent and ongoing Council-led streetscape and public amenity upgrades
- High-quality existing hospitality fit-out, suitable for continued food & beverage use
- Property chattels included in the building sale include key items such as air conditioning, upgraded bathrooms, kitchen extraction, and sinks (full list available on request)
- Various hospitality equipment and furniture is available for purchase directly from the prior Tenant, offering an optional near turn-key opportunity (contact details available on request)
For more information please contact Christy Arundel or Ivy Shen from Bayleys Tauranga today:
Christy 027 247 4789
Ivy 021 038 2128
