A versatile warehouse and storage facility positioned in one of New Zealand’s most productive horticultural regions presents a compelling opportunity for investors, add-value developers, and owner-occupiers looking to leverage the Bay of Plenty’s significant growth and agri-business muscle.

Bayleys Tauranga’s Mark Walton and Rory Brown are marketing the freehold 7,217sqm property at 288 No.3 Road in Te Puke for sale by auction, scheduled for 1:00 pm on Wednesday, 14th August 2025 (unless sold prior).

“Improved by approximately 2,840sqm of built infrastructure, including a functional, high-stud warehouse complex and dedicated storage facilities, the asset offers vacant possession and a diverse range of future uses under its rural zoning,” says Walton.

“Commercial and industrial purchasers priced out of Tauranga’s tightly held zones are increasingly looking southeast to Te Puke for cost-effective, scalable solutions. This property aligns well with that shift, offering large-format utility with rural zoning flexibility at a fraction of the metro price point.

“A location five kilometres from the Te Puke township, and minutes from key arterial routes connecting Tauranga, Hamilton, and Auckland, underpins its long-term appeal as a base for logistics, processing, or rural support services.

“This site offers genuine scale, connectivity, and flexibility in the heart of the country’s kiwifruit capital. It is surrounded by high-performing orchards, packhouses, and rural enterprises – making it an ideal support hub or consolidation site for agri-business operators,” Walton adds.

The warehouse comprises three primary sections, including the original structure built in the 1980s and subsequent extensions with stud heights up to 4.5 metres.

There is a separate 497sqm (more or less) dual-section storage facility, comprising open-air and secure, roller-door lock-up areas. Supporting amenities include office space, a staff lunchroom, ablutions, and mezzanine storage.

Bayleys Tauranga Commercial and Industrial Sales and Leasing broker Rory Brown says the property carries an assessed rental income of $191,576 plus GST and outgoings per annum, providing a strong benchmark for those seeking income certainty, while the vacant possession allows owner-occupiers to immediately tailor the facility to operational needs.

“Strategically, the site benefits from proximity to the Port of Tauranga, the country’s busiest export hub, and sits within the economic engine of the upper North Island’s ‘Golden Triangle’.

“As regional infrastructure expands, including the four-lane Takitimu North Link and the Rangiuru Business Park just minutes away, this location is poised for long-term uplift.”

Brown says the property’s proximity to the planned Rangiuru Business Park is a key advantage. “The park is the largest consented greenfield industrial zone in the region and has secured fast-track consent to deliver a 148ha masterplanned precinct, expected to create up to 4,000 new jobs and drive a wave of industrial growth.

“This accelerated momentum highlights the scale of the region’s transformation into a nationally significant hub for logistics and manufacturing, with meaningful potential to lift the profile and value of surrounding commercial land and facilities.

“With industrial assets in short supply and continued demand for agri-business and regional growth sectors, 288 No.3 Road is a rare opportunity to acquire functional infrastructure in a strategic location with wide-ranging potential,” he says.