This is a unique large landholding held in three titles and situated in the heart of CBD Tauranga, adjoining the new university campus and surrounded by new development projects.
The property has value as either three smaller sites with substantial buildings to redevelop or renovate for owner-occupiers and investors or as a more comprehensive development of the whole site as a high rise office, apartments or student accommodation. There is already a 56m (12 storey) building consented over two of the sites.
- Three sites 2,401m²
- 2,127m² buildings
- Substantial holding income
- Prime CBD location
- Adjoining University
- Commercial zone
- Can be sold individually or as a whole
*Boundary lines are indicative only.
Currently 145 Durham is held in 8 strata Freehold Titles and includes a 1,029m² site with six residential terraced houses with basement carparks leased to the university. There is also a two level road frontage building which is suitable for office and retail premises.
153 Durham is a vacant lot of 556m² (used for carparking) and the adjoining 159 Durham is a substantial single level 700m² building also suitable for retail and office uses.
DEADLINE PRIVATE TREATY 11TH NOV 2021 16:00 (UNLESS SOLD PRIOR)