• Sizeable freehold site of 4,642sqm (more or less)
• Returning a net rental of $214,789.00 +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
• Circa 40 onsite carparks
Now offered for sale at $3,725,000 + GST (if any), 61 Maleme Street, Positioned within Tauranga's Greerton industrial hub, Maleme Street connects directly to State Highway 29 (and 29A), linking through to Tauriko, the Port of Tauranga and Mount Maunganui, as well as State Highway 36 to Rotorua and the wider Golden Triangle.
The property comprises eight industrial units across a combined floor area of approximately 1,878.2sqm, set on a freehold site of 4,642sqm (more or less). With a net annual income of $214,789 +GST and outgoings already in place, this is a fully tenanted asset delivering solid holding income from day one, backed by a mixed tenant pool for added security.
Drive-round access caters for heavy vehicles, making the site well suited to a range of light industrial and logistics users. Circa 40 onsite carparks round out the offering, adding further functionality for a diverse tenant mix and any future development.
Positioned within Tauranga's Greerton industrial hub, Maleme Street connects directly to State Highway 29 (and 29A), linking through to Tauriko, the Port of Tauranga and Mount Maunganui, as well as State Highway 36 to Rotorua and the wider Golden Triangle.
Surrounded by established national and international occupiers, the Greerton industrial area continues to record strong rental performance and low vacancy, underpinned by Tauranga's ongoing growth as a logistics and manufacturing hub anchored by the Port of Tauranga.
For more information, or to arrange a viewing, contact the sole listing agents Tyler Barry and James Ross.
