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3 prime CBD Tauranga development sites

Three sites 2,401m² | Prime CBD location | 2,127m² buildings

 
 
145-159 Durham Street 1
145-159 Durham Street 2
145-159 Durham Street 3
145-159 Durham Street 4
145-159 Durham Street 5
145-159 Durham Street 6
145-159 Durham Street 7

The Opportunity

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.

Features:
 - 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.


Highlights

145-159 Durham Street slide 1

Adjoining University

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.

145-159 Durham Street slide 2

Commercial zone

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.


The Agents

Rich Davidson - NEW BRAND

Richard Davidson

Commercial Industrial Broker

Tauranga

Licensed under the REAA 2008

Simon Clark

Simon Clark

Managing Director

Tauranga

Licensed under the REAA 2008


Location


Sales Process

DEADLINE PRIVATE TREATY 11TH NOV 2021 16:00 (UNLESS SOLD PRIOR)


Enquire Today