Investors Eye Retail Hub's Tenant Mix

A modern suburban retail hub with a dynamic mix of food, service and lifestyle operators is up for sale in a high-profile Tauranga location.

The Ridge Plaza retail centre sits prominently at the corner of Millers Road and Jude Place, in the heart of the Bethlehem-Brookfield corridor, a proven base for daily convenience, community connection, and consistent patronage.

The smart, nearly 800-square-metre complex’s seven tenancies are fully leased to six diverse tenants, carefully curated to ensure consistent activity throughout the day.

The building is underpinned by a freehold 2,088-square-metre (more or less) commercial-zoned site with the convenience of 21 on-site car parks, plus street parking and a bus stop right outside.

The complex will return a total annual net rental of $202,390 plus all outgoings and GST from 15 July 2026, with settlement scheduled for 20 July 2026.

The property at 2 Jude Place, Bethlehem, will go under the hammer at an auction on Wednesday 20 May, unless it is sold prior. The sale is being marketed by family sales team Brendon, Lynn and Ryan Bradley of Bayleys Tauranga.

“At the core of Ridge Plaza is a diversified and resilient income profile, underpinned by tenants that form part of the daily routine for local residents,” Brendon Bradley said.

“From morning coffee at Hey Jude Café, to essential services at Brookfield Superette, to fitness, beauty, and dining offerings including Wonder Mum Fitness, Castle 91 Indian Eatery, Hair to Stare At, and Shape Studio – the centre benefits from repeat visitation and entrenched customer loyalty.

“For investors seeking a long-term hold with dependable income and future upside, Ridge Plaza delivers an appealing combination of location, tenant strength, and asset quality,” he said.

Lynn Bradley said the single-level building was constructed around 2015 with concrete tilt-slab framing and exterior walls, Colorsteel roofing, and extensive glazing to the street frontage to capitalise on the strong corner profile.

“This well-constructed, purpose-built retail complex is a low-maintenance asset with minimal need for capital expenditure.

“Ridge Plaza enjoys standout exposure to Millers Road’s busy traffic flows between Bethlehem and Brookfield. The location in the heart of a substantial residential catchment supports consistent foot traffic and demand for convenience-based shops and services. As such, this retail hub is well-placed to service both local residents and passing commuters,” she said.

Ryan Bradley said the site was handy to a raft of supporting local amenities.

“Te Kura o Manunui Primary School, Lollipops Playland and neighbourhood parks are in the vicinity. Nearby larger-format retail is anchored by Bethlehem Town Centre, a substantial shopping precinct with national retailers, supermarkets and extensive customer parking, reinforcing the area as a key suburban commercial hub.

“This location is also very well connected, with efficient access to key arterial routes including State Highway 2, linking Tauranga’s western suburbs and the Tauranga City Centre, Tauranga Port and Mount Maunganui. This strategic positioning ensures Ridge Plaza is well integrated within Tauranga’s broader transport network,” he said.