For Sale
142 Spring Street,
Tauranga, Tauranga City
Price by Negotiation
Property details
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Agents
Ray White Tauranga: Distinction Realty Limited Licensed (REAA 2008)
1/525 Cameron Road, Tauranga Tauranga City 3110
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Own a Central Tauranga Office - Freehold with Parking
An excellent opportunity to secure an established commercial office property in a highly convenient city-fringe location close to Tauranga CBD.
Currently returning $45,000 + GST per annum, the property is leased through to March 1 2027, with right of renewal for one year, with very satisfied tenants.
Originally residential, the property has had lawfully established commercial office use since 2003, providing purchasers with the benefit of a long-standing consented office history in an increasingly tightly held central location. Council planning records recognise its established office use and suitability due to its proximity to the CBD.
Property highlights:
* Approxmately 140m2, plus a 9m2 shed, and garage space approximately 25m2
* Professional offices and flexible work areas
* Staff kitchen and bathroom facilities
* Five consented onsite car parks
* $45,000 + GST annual rental income
* Lease through to 1 March 2027
* Lawfully established commercial office use since 2003
* Excellent accessibility and profile to Tauranga CBD
The property's planning history has evolved from its original software-development office consent to allow general office use, and currently dental technicians, adding flexibility for professional occupiers.
For investors and longer-term thinkers, Tauranga's evolving Plan Change 33 higher-density framework adds another dimension, with potential future redevelopment or land-banking opportunities, subject to Council requirements, resource consent and purchaser due diligence.
A compelling investment combining established income, substantial usable space, parking, commercial history, CBD proximity and future potential.
Currently returning $45,000 + GST per annum, the property is leased through to March 1 2027, with right of renewal for one year, with very satisfied tenants.
Originally residential, the property has had lawfully established commercial office use since 2003, providing purchasers with the benefit of a long-standing consented office history in an increasingly tightly held central location. Council planning records recognise its established office use and suitability due to its proximity to the CBD.
Property highlights:
* Approxmately 140m2, plus a 9m2 shed, and garage space approximately 25m2
* Professional offices and flexible work areas
* Staff kitchen and bathroom facilities
* Five consented onsite car parks
* $45,000 + GST annual rental income
* Lease through to 1 March 2027
* Lawfully established commercial office use since 2003
* Excellent accessibility and profile to Tauranga CBD
The property's planning history has evolved from its original software-development office consent to allow general office use, and currently dental technicians, adding flexibility for professional occupiers.
For investors and longer-term thinkers, Tauranga's evolving Plan Change 33 higher-density framework adds another dimension, with potential future redevelopment or land-banking opportunities, subject to Council requirements, resource consent and purchaser due diligence.
A compelling investment combining established income, substantial usable space, parking, commercial history, CBD proximity and future potential.
Inspections
Explore the area
School catchments
- Tauranga Primary School Primary Years 1-6 State 0.84km
- Pillans Point School Primary Years 1-6 State 1.5km
- Tauranga Boys' College Secondary Years 9-15 State 2.1km
- St Mary's Catholic School (Tauranga) Primary Years 1-6 State integrated 2.5km
- Ōtūmoetai Primary School Primary Years 1-6 State 2.5km
- Te Kura o Matapihi Full primary Years 1-8 State 3.0km
- Te Kura o Manunui Primary Years 1-6 State 3.1km
- Ōtūmoetai College Secondary Years 9-15 State 3.2km
- Tauranga Intermediate Intermediate Years 7-8 State 3.2km
- Ōtūmoetai Intermediate Intermediate Years 7-8 State 3.2km
- Gate Pa School Primary Years 1-6 State 3.4km
- Bellevue School (Tauranga) Primary Years 1-6 State 3.5km
- Tauranga Girls' College Secondary Years 9-15 State 3.5km
- Matua School Primary Years 1-6 State 3.7km
- Maungatapu School Primary Years 1-6 State 4.3km
- Merivale School Primary Years 1-6 State 4.4km
- Mount Maunganui College Secondary Years 9-15 State 4.5km
- Mount Maunganui Intermediate School Intermediate Years 7-8 State 4.6km
- Omanu School Primary Years 1-6 State 4.7km
- Te Wharekura o Mauao Secondary Years 7-15 State 4.9km
- Bethlehem College Composite Years 1-15 State integrated 5.2km
- Aquinas College Secondary Years 7-15 State integrated 8.3km
- ACG Tauranga Composite Years 1-15 Private 10.6km
- Te Kura o Te Moutere O Matakana Composite Years 1-15 State 11.0km
- TKKM o Te Kura Kokiri Composite Years 1-15 State 11.4km
- Papamoa College Secondary Years 7-15 State 12.6km
- Te Puke High School Secondary Years 9-15 State 17.8km
- Katikati College Secondary Years 7-15 State 25.9km
- Matamata College Secondary Years 9-15 State 37.6km
- Matamata Christian School Composite Years 1-15 State integrated 38.2km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
Documents
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Contact Ellyn Brunskill
Contact Ellyn Brunskill
Ellyn Brunskill
142 Spring Street, Tauranga 3110
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Ellyn Brunskill
142 Spring Street, Tauranga 3110