Commercial

7% Return - Government-leased investment!

30 Logan Street, Tokoroa

Office Building
dollar

Negotiation

Floor area
1397m²
Land area
1011m²
Title type
Freehold

Map

Property description

Listing # 2505408|Listed on 5 February
  • Brand new A-grade office premises completed in December 2025
  • Purpose built for dual government tenancies on long leases
  • Opportunity to acquire a very low-risk, long term, passive asset

30 Logan Street, Tokoroa represents a high-quality, new-build commercial investment anchored by two Government tenants, Ministry of Social Development and Oranga Tamariki.

The building comprises an A-Grade two-level commercial office complex with floor plates of approximately 649sqm on the ground floor and 748sqm to the first floor (subject to final measure). A striking building with north and south elevations predominantly glazed, whilst the east and west elevations are concrete tilt panel. Outstanding internal presentation as you would expect with a brand-new building.

The property is fully leased, with the Ministry of Social Development committing to a lucrative 12-year term and Oranga Tamariki signed up for nine years, both with further rights of renewal. Having both searched for a new home in Tokoroa for a number of years, these Government departments have committed to a stunning new building that could very well become their home for generations to come!

Property Details
Land Area: 1,011sqm (more or less)
Floor Area: 1,409sqm (approximately)
Zoning: Commercial

Tenancy Details
Currently returning a passing net rental of $496,386 + GST. Full tenancy details are available on request.

Your notesYour notes
Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Tauranga

Ryan Bradley

Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Tauranga
83 active listings
Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Tauranga

Brendon Bradley

Branch Manager | Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Tauranga
102 active listings

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