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Investors seek to ink deal to buy CBD office/warehouse

The prominent Tauranga CBD premises, home to leading print supplier Kale Print Limited for more than 35 years, is now up for sale.

The large, modern office/warehouse property at 219 Cameron Road has a commanding profile and frontage on the city’s ‘golden mile’. It is home to award-winning family owned and operated nationwide print supplier Kale Print.

The business has recently renewed the lease for a further 15 months, with an annual net rent of $250,000 plus outgoings and GST.

With nearly 41 metres of frontage to Cameron Road, the site enjoys exposure to an estimated 22,000 passing vehicles daily – presenting significant opportunity to promote brand awareness from business signage

The freehold land and building at 219 Cameron Road, Tauranga, are being marketed for sale through Rory Brown of Bayleys Tauranga.

The property will be sold by deadline private treaty closing at 4:00pm on Thursday 13 March, unless it is sold earlier.

The well-presented approximately 1,200-square-metre building sits on some 1,780 square metres of land across two freehold titles. The site has dual entry access and plenty of onsite parking.

The site is positioned within the Tauranga City Council, City Centre Business zone with no building height limit providing endless opportunities to redevelop part or all of the existing buildings.

“Spacious offices and a welcoming reception area are spread over two levels at the front with pedestrian access directly via Cameron Road,” said Brown.

“This substantial property is well designed with a large high-stud warehouse and loading zone at the rear with truck access via Selwyn Street.

“A generous sealed yard provides up to 12 car parks for staff and customers accessible via Cameron Road – a desirable commodity adding value in the city centre.

“A strategic position on arterial Cameron Road offers ease of access to State Highway 2/Tauranga Expressway, connecting to the Tauranga Port, or over the Kaimais to Hamilton and Auckland,” Brown said.

Brown said surrounding cafes, restaurants, shops, banks and offices ensured this was a lively hub attracting people and activity throughout the day.

“The ongoing major redevelopment and enhancement of Tauranga’s city centre further underpins the long-term value and growth potential of property in this location.

“Adding further to this potential is the ever growing demand driven by Tauranga’s ongoing expansion. Already New Zealand’s fifth-largest city, it is also one of the fastest growing with a population projected to top 140,000 by 2026,” Brown said

View more information on the listing

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