The land and buildings of a significant industrial property in the sought-after suburb of Greerton in Tauranga is being presented to the market for sale with vacant possession.
Located at 25 Glenlyon Avenue, this large-scale offering was previously used as a mussel processing facility and includes multiple rooms, buildings, processing areas, cold and cool storage units, plus sizeable offices, and staff amenities.
With approximately 5,340sq m of total building area, this strategically located property has about 12,000sq m of sealed flat land on an Industrial-zoned site that spans 27,003sq m.
This substantial property lends itself to occupiers who struggle to source appropriate locations for their use as this offering is not subject to covenants found in new industrial estates.
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The site is serviced with power and transformer upgrades and the existing wastewater and discharge to air consents will be of value to some. The site was audited by the Ministry for Primary Industries in June and was approved.
Tauranga forms part of New Zealand s commercial Golden Triangle alongside Hamilton and Auckland and this area accounts for more than 50 per cent of New Zealand s GDP, while more than half of the country s population resides within its confines, according to data from Stats NZ.
Glenlyon Avenue is an established industrial location in Tauranga that is home to many well-known firms, including Stoney Creek, Taylor Bros, Laminex, and Perry Geotech and provides convenient access to the central city and State Highway 29.
Colliers Tauranga Brokers Rachel Emerson and Rich Davidson have been exclusively appointed to market the property for sale via deadline private treaty closing at 4pm on Thursday 22 August, unless sold prior.
Built in multiple stages, namely in 1990, and extensively upgraded and extended in 2009, the buildings are of varying ages and configurations.
The buildings are largely compartmentalised and workflow is currently configured for mussel processing but can be adapted to suit or stripped for storage purposes, opening up considerable opportunities for prospective purchasers.
Emerson, Industrial and Retail Sales Broker at Colliers Tauranga, says the scale of the property sets it apart in the market.
"Large sites in established industrial areas rarely come available across Tauranga and this is worth strong consideration," Emerson says.
"The comfortable site to building ratio could accommodate additional buildings and structures if required.
"Given the size of the landholding and floor area, acquiring an existing property of this scale would be much more cost-effective than other options."
Tauranga is an area that has experienced major economic and population growth during the past decade.
Data from the recent Census notes that Tauranga city s population grew 11.5 per cent between 2018 and 2023, while the Western Bay of Plenty District grew by 10.4 per cent during the same period.
This population increase underpins continued commercial demand in the city and Davidson, Commercial and Industrial Sales Broker at Colliers Tauranga, says it makes this property a compelling purchasing opportunity.
"Given the property can be secured with vacant possession, the new owner could move swiftly to configure the property to suit their requirements and begin trading," Davidson says.
- Supplied by Colliers
