1 Grey Street, City Centre, Tauranga, Bay Of Plenty

Prominently positioned on a high-profile inner city corner, 1 Grey Street presents a rare opportunity to secure a significant commercial asset within Tauranga’s rapidly evolving City Centre. This grand character building comprises approximately 1,353m² of office and retail space across two levels, set on a substantial 1,147m² freehold corner site with exceptional onsite parking, a true rarity within the City Centre. Level 1 is leased to established national consultancy firm Harrison Grierson, providing immediate holding income and long-term stability. The ground floor is currently vacant, creating a range of opportunities for owner occupiers seeking a prominent headquarters location, or investors looking to unlock further rental upside within an already productive asset. The property benefits from 16 dedicated onsite carparks plus an accessible park, favourable City Centre zoning, a strong 70% NBS rating and flexibility for future repositioning or repurposing. Surrounded by attractive civic landscaping, the building’s presence and architectural character make it a well-recognised landmark within the Tauranga streetscape. Positioned at the centre of Tauranga’s ongoing transformation, this is more than just a commercial property. It is a significant piece of the City Centre’s history with an exciting future ahead. Opportunities combining scale, profile, income and long-term potential are becoming increasingly scarce within the Tauranga market. Whether you are an investor, owner occupier or visionary looking to secure a landmark holding, 1 Grey Street demands consideration. Contact Dan, Duncan or Rachel today for further information or to arrange a viewing.

Features:

• Floor area: 1,353m² (approx.)
• Land area: 1,147m²
• 16 + 1 carparks — exceptional city centre provision
• Level 1 tenanted - Currently returning $196,757 + GST & OPEX
• Vacant ground floor — occupy or add rental income
• High-profile inner city corner location
• City centre zoning
• NBS rating: 70%
• Spread of risk across multiple tenancies

For Sale by Deadline Private Treaty closing 4pm, Thursday 11th June 2026 (unless sold prior)

More information: https://www.colliers.co.nz/p-NZL67040132