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Bayleys Tauranga, (Licensed: REAA 2008)

61 Maleme Street, Greerton

Price by negotiation

Listing Description

Listed: Thu, 6 Nov

Multiple tenants, one strong investment

61 Maleme Street, Greerton, Tauranga, Bay Of Plenty

Price by negotiation

Details

  •   1878m² Floor
  •   4642m² Land
AttributeValue
Property use
Industrial
Agency reference
2505224

Description

Positioned in the heart of one of Tauranga’s earliest established industrial precincts, 61 Maleme Street, Greerton presents an exceptional opportunity for investors seeking strong, stable returns in a sought-after location.

Comprising eight industrial units with a total floor area of approximately 1,878.2sqm, the property sits on a freehold site of 4,642sqm (more or less). The layout provides excellent functionality for a diverse tenant mix and potential future development.

Currently returning a net annual income of $219,099.50 + GST and outgoings, this investment offers attractive cash flow from day one. The site benefits from drive round accessibility, suiting a range of light industrial and logistics users.

Strategically positioned within Tauranga’s central industrial hub, Maleme Street connects directly to major arterial routes including State Highway 29 (and 29A) providing seamless links to the Port of Tauranga, Mount Maunganui along with State Highway 36 to Rotorua and the wider Golden Triangle.

Surrounded by established national and international occupiers, the Greerton industrial area continues to show strong rental performance and low vacancy levels, underpinned by Tauranga’s ongoing growth as a logistics and manufacturing hub.

Property features: *Sizeable freehold site of 4,642sqm (more or less) *Strong rental return of $219,099.50 +GST and outgoings p.a. *8 industrial units with mixed tenant pool for income security *Combined floor area of 1,878.2sqm (approx.) *Front building with good profile to Maleme Street *Ample onsite parking

For more information, or to arrange a private inspection, contact sole listing agents, Rory Brown and James Ross.


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Bayleys Tauranga, (Licensed: REAA 2008)

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