A rare opportunity to acquire a freehold industrial land investment with the certainty of long-term income and a compelling tenant covenant in Tauriko, Tauranga. Situated at 30 Taitimu Road within the Tauriko Business Estate, this 9,019m² freehold site occupies a prime position in one of New Zealand's fastest growing industrial parks, with ease of access to both State Highways.
The estate sits just 9.9km from the Port of Tauranga and 8.4km from the Tauranga CBD, placing this asset at the heart of the Bay of Plenty's key freight and logistics network. The land investment with all major improvements owned by the tenant who runs a concrete manufacturing facility, is underpinned by a new 15 year lease with a further 15 year right of renewal, delivering $420,000 per annum plus GST and outgoings. Built-in rental growth of 2% per annum and market reviews at five-yearly intervals provides reliable income progression.
The tenant has a huge investment in plant and equipment on site, providing exceptional security of tenure and a strong alignment of interests. One year bank bond guarantees a further layer of covenant strength. Wide road frontage along Taitimu Road enhances operational access and profile, while the freehold land holding offers genuine long-term capital appreciation in a tightly held premier industrial precinct.
Features:
- Freehold 9,019m² industrial site
- New 15 year plus 15 year term
- Annual rental $420,000 + GST & outgoings
- 2% annual growth and market 5 yearly
- Prime Tauriko industrial location
- Wide road frontage with future potential to sub divide
- Security of substantial tenant owned plant on site set replacement $7 million
- Long term income and future land value growth
For Sale by Deadline Private Treaty closing 4pm, Thursday 10th September 2026 (unless sold prior)
