Neighbourhood hub in regional growth zone

A fully leased neighbourhood retail complex in one of Bay of Plenty’s fastest-growing coastal communities has been released to the market, offering investors a combination of stability, scale and long-term growth potential, Bayleys brokers say.

Bayleys Tauranga’s Christy Arundel, together with colleague Ivy Shen, is marketing the freehold landholding at 168 Ōmokoroa Road for sale by deadline, closing at 4:00 pm on Thursday 11th December 2025 (unless sold prior).

Arundel says that occupying a 2,757sqm site, the property sits in the commercial heart of Ōmokoroa and is one of only a few holdings zoned Commercial Business within the township.

It comprises three modern retail buildings providing a net lettable area of circa 901sqm, supported by 35 on-site car parks.

Originally constructed in 1996 and comprehensively refurbished in 2019, the complex now holds six established tenants, including popular bar and eatery Rising Tide, liquor store franchise Liquorland, and local restaurants Spice Delight and Ōmokoroa Beach Pizzeria, returning a net annual income of $299,027 plus GST and outgoings. All outgoings are fully recoverable, and the property is professionally managed by Bayleys Tauranga.

“This is a fully leased retail hub in a fast-growing regional suburb. Ōmokoroa has evolved into a genuine lifestyle destination – with a population that has more than doubled over the past decade, and growth continues to accelerate as new housing and infrastructure projects come online.

“A property of this scale, with established tenancies and a large underlying landholding, is rare to market in such a tightly held suburban location.”

The property benefits from high visibility and accessibility from Ōmokoroa - the township’s main arterial route and sits alongside key amenities including the Ōmokoroa Medical Centre, FreshChoice Supermarket, and the established Ōmokoroa Shopping Village.

Strong daily traffic and footfall underpin consistent tenant performance, while the generous landholding provides long-term optionality for further intensification or redevelopment.

Bayleys Tauranga’s Ivy Shen says that suburban assets in regional hubs have performed with resilience through recent market volatility.

“Neighbourhood retail centres anchored by essential services and hospitality offer investors consistent, diversified income, which is supported in this case by Ōmokoroa’s comparatively high-income demographic profile, underpinning tenant demand.”

Shen says Ōmokoroa is further supported by its proximity to Tauranga’s regenerating CBD and the wider Bay of Plenty-Waikato growth axis. “Ongoing investment in State Highway 2, and the planned Northern Link connection, are expected to further enhance accessibility and underpin future capital growth.”

“The combination of secure income, scarcity of comparable stock and a location within one of New Zealand’s most dynamic regional economies positions this property as a premium passive investment. It is a strategic, future-proofed addition to any portfolio, with room to grow,” she adds.

For information, contact Christy Arundel or Ivy Shen from Bayleys Tauranga.