Bayleys Tauranga is proud to offer 8 Titoki Place, Mount Maunganui, a substantial industrial landholding with income and future potential, priced at $4,500,000 + GST (if any).
Positioned in the heart of Mount Maunganui's tightly held industrial precinct, this substantial 6,193sqm (more or less) freehold landholding presents a rare opportunity to secure scale, holding income and future development potential.
Priced at $4,500,000 + GST (if any), the property comprises approximately 970sqm of improvements, including a cool store facility, workshop and separate office, together with valuable yard space.
The property is currently supported by $102,700pa + GST rental income from Geeves Scaffolding, alongside income from three telecommunications towers, providing a diversified holding income stream while the existing improvements offer immediate functionality for owner occupiers, investors or add value buyers.
With its strategic position close to the Port of Tauranga, Tauranga Airport and major transport routes, the property sits at the centre of the region's key logistics and distribution hub.
The substantial landholding also opens the door to future development or subdivision opportunities, subject to the necessary approvals. An indicative option could see the cool store component separated on approximately 2,200sqm, with the balance retained as a substantial yard and workshop facility.
Key Features
- 6,193sqm freehold industrial landholding
- Approximately 970sqm of existing improvements
- $102,700pa + GST rental from Geeves Scaffolding
- Holding income from three telecommunications towers
- $32,373pa + GST tower income
- Existing cool store, workshop and office accommodation
- Significant yard and development potential
- Prime Mount Maunganui industrial location
- Close to Port of Tauranga and key transport links
A rare opportunity to secure a sizeable industrial landholding in one of Tauranga's most sought-after commercial locations.
To find out more or arrange your inspection, contact industrial specialists Myles Addington and Mark Walton today.
