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Tauranga Central

159 Elizabeth Street, Tauranga Central, Tauranga & Surrounds

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150sqm Floor area
1,047sqm Land area SQM

By Negotiation

City Fringe Redevelopment Site


- Freehold title comprising a 1,047m2 site zoned city living mixed use\n- Prominent site with excellent profile to expressway entrance to city\n- Outstanding views of estuary and beyond to Kaimais\n- Sought after location with close proximity to Tauranga CBD\n- Ease of access to all major arterial routes\n- Future mixed use redevelopment options\n- Current annual gross holding income of $39,520\n\nGiven the age and condition of the existing dwelling, this property offers prime redevelopment options for a new owner. The topography of the site is likely to be a significant design factor that will certainly influence and impact on the location and layout of what is well suited to a terraced or multi level development. \n\nThe property zoning is city living mixed use which provides site redevelopment opportunities primarily for the development of intensive multi level housing and some mixed use in the established residential areas around the Tauranga City Centre. Mixed use includes office and healthcare centre activities to be established at ground floor level only with direct access to the street and residential activity above.\n\nThis is a must enquire / inspect opportunity for developers and / or land bankers to secure a premium elevated position on Elizabeth Street and capitalise on the new city fringe residential growth Tauranga is about to experience!

Brendon Bradley

Brendon Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
James Ross

James Ross


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Access


Ease of access to all major arterial routes

Location


Sought after location with close proximity to Tauranga CBD

Options


Future mixed use redevelopment options

Premises


Freehold title comprising a 1,047m2 site zoned city living mixed use

Rental


Current annual gross holding income of $39,520

Site


Prominent site with excellent profile to expressway entrance to city

Views


Outstanding views of estuary and beyond to Kaimais