A standout commercial property in one of New Zealand’s fastest-growing coastal communities offers owner-occupiers and investors a rare chance to secure the coveted mix of scale, style, and growth fundamentals,” Bayleys brokers say.

Bayleys Tauranga sales team Ryan, Brendon, and Lynn Bradley are marketing the 1,628sqm (more or less) freehold site at 25 Market Place for sale by deadline, closing at 4:00 pm on Thursday, 18th September 2025 (unless sold prior).

Bayleys Tauranga commercial and industrial sales and leasing specialist Ryan Bradley says the two-level property comprises approximately 797sqm of lettable floor area spread across two levels, featuring versatile office accommodation, a showroom, and practical warehouse storage at the rear. It was built in 2017 and is well supported by 23 on-site car parks.

“Eye-catching and attractive, the property is clad in weatherboard and timber, with Colorsteel roofing, extensive glazing and a commanding corner boardroom – creating a powerful visual statement.

“Inside, the premium fit-out includes a reception, ground-floor showroom, open-plan offices, multiple meeting rooms, and staff amenities with an outdoor deck. Three warehouse zones and a rear canopy add well-planned storage and transfer efficiency, supporting a wide range of operational requirements in a location where the supply of quality commercial premises is limited.”

Purpose-built for one of the region’s fastest-growing group home builders, the property will be sold with vacant possession, with the imminent departure of the current tenant expected in early 2026.

Market rental assessments suggest the potential to generate circa $240,000 plus GST and outgoings annually, offering the added dimension of strong income fundamentals.

The brokers agree the opportunity is reinforced by Papamoa’s strong growth outlook, with Tauranga City Council projecting more than 50 percent population growth by 2063.

“Just 20 kilometres from the CBD, Papamoa is earmarked as a key expansion area thanks to its supply of development-ready land,” Brendon Bradley says.

“Significant infrastructure investment is already underway to support this expansion, including the Papamoa East Interchange, due for completion in 2026, which will enhance connectivity to Tauranga’s CBD, Mount Maunganui, and the Rangiuru Business Park – the largest greenfield industrial zone consented in the region.

“A comprehensive masterplan also provides for extensive commercial, retail, and public amenity development, cementing Papamoa’s status as a thriving business and lifestyle destination.

“Papamoa is evolving rapidly into a balanced, well-serviced coastal community. With residential growth contributing to a thriving local catchment and infrastructure projects unlocking wide regional connectivity, demand for quality commercial accommodation will only strengthen,” he adds.

Set down a cul-de-sac just off a key arterial, with a modern build, and vacant possession, the subject property provides immediate utility and future-proofed potential,” the brokers say.

“It has been presented to the highest standard, offering new owners’ confidence in both form and function, while the scale of the site ensures long-term adaptability for a variety of end users.

“Opportunities of this calibre are few and far between in the Bay of Plenty. Investors will recognise the compelling rental proposition, while owner occupiers can secure a flagship premises in a market positioned for growth. It’s a property with wow-factor, in the beating heart of a coastal location primed for growth.”