4 Willow Street, Tauranga Central, Tauranga & Surrounds

Commercial gem primed to bank, bowl or beautify!

•Sizeable rectangular level site
•Strategic city fringe location
•Strong underlying land value
•Short to medium term rental options
•Superb future redevelopment potential

The property comprises a circa 1930's character villa that has been converted to commercial office use for some years and is situated in a highly sought after professional services precinct on the northern perimeter of the City Centre.

Currently tenanted, the lease expires 14 June 2025 providing vacant possession after this date. Immediate add value options could include your own business here or alternatively re-leasing the premises to realise a new rental income stream in the short to medium term. However the existing premises represents a significant under-utilization of the site given the relatively high underlying land value.

Therefore this site must appeal to future owner occupiers or developers/land bankers who recognize the potential redevelopment options that the High Density Residential / City Living-Mixed Use Zoning allows. This includes ground level commercial office with multi-level residential activity above up to a maximum building height limit of 27 metres.

Here is an exceptional Tauranga city fringe opportunity for a new owner to secure a sizable 1,012sqm freehold landholding and capitalize on the future development intensification of this site.