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149 Taurikura Drive,
Tauriko
Tauranga
Best in class Tauranga industrial
Long term entrenched multinational returning net $1,459,050pa + GST
Just under seven (7) years remaining on the initial lease with potential occupation to 2056
Immaculate industrial facility on significant 1.5ha (more or less) freehold corner site
149 Taurikura Drive sets the benchmark for industrial investment in Tauranga. Purpose-built to a premium standard, the property combines scale, functionality, and architectural quality rarely available in New Zealand's industrial market. Secure long-term income is underpinned by a lease to a proven tenant, Cubro, with fixed growth and a potential lease tail extending to 2056.
The property boasts a substantial high-stud warehouse designed for efficiency and scale, supported by a large drive-through breezeway that provides truck and container movements across the site. Complemented by an exceptional office and showroom fit-out, delivering a level of specification rarely seen in industrial assets.
Its prime location in the Tauriko Business Estate ensures direct State Highway connections and proximity to the Port of Tauranga, positioning this as one of the most strategic and desirable industrial assets nationwide. For investors seeking stability, growth, and an exceptional facility, this is a true best-in-class opportunity.
Location
Agent
Mark Walton
Bayleys Commercial Tauranga
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Confidence that the commercial sector in Tauranga will continue in strength.
Mark Walton believes his team are privileged to be involved in one of the most consistent commercial real estate markets in the country.
“The greater Tauranga region is such a desirable area with enormous demand for commercial property from within the ‘Golden Triangle’ of Auckland, Hamilton and Wellington.”
As Bayleys Commercial Manager, Mark Walton applies knowledge and expertise gained over two decades and spanning New Zealand and the United Kingdom. He has extensive experience working with clients and advisors in structuring deals to create the best outcome for investors.
Mark completed a Bachelor of Business Studies at Massey University in 1998 majoring in Property Management and Valuation, followed by a Post Graduate Diploma in Business Administration (Finance) in 2012.
Mark joined Bayleys after a 10-year career with ANZ Bank as a commercial manager, most recently Commercial and Corporate Agri Senior Manager. Prior to that he spent seven years in financial analyst roles in London including Reuters, UBS Investment Bank and Deutsche Bank.
The move to Bayleys was promoted by a keen personal interest in commercial property, as both an advisor and an investor in the Bay of Plenty region himself. He was attracted to Bayleys for the brand and reputation in the marketplace as the largest New Zealand owned real estate business with a strong family influence.
“I regularly worked with Bayleys while at ANZ and always admired and respected the calibre of both management and the sales team in the Tauranga office. It’s a people business built on relationships.”
The vibrant local market makes commercial real estate a stimulating sector to do business in.
“I have never seen so many significant projects on the go, particularly in the Tauranga CBD. Large commercial projects like the Farmers redevelopment and the University of Waikato’s new campus will help create a hub in the central city. Tauranga Crossing and the Tauriki Business Estate have also been strong contributors to the city’s commercial boom.”
Mark and Lucy Walton, and sons Jacob and Caleb, live in Mount Maunganui. Mark values family time and enjoys many sports including rugby (he is a keen supporter of Te Puke Sports rugby team) tennis and fishing.
“I am committed to the region and proud to lead such an experienced results-orientated team of commercial sales people and property managers.”
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