93 Durham Street, Tauranga  

Scott Commercial Property

An existing client of Focus on Property has purchased 93 Durham Street in the heart of Tauranga’s CBD. This site is next to their first investment property and is a great addition to their portfolio. The original homestead is to be demolished to make way for a large retaining wall to allow split-level on grade car parking within the inner CBD. The site also encompasses the University of Waikato Tauranga CBD Campus Development.

It is expected to hold up to 30 car parks and we expect these to become very desirable as the development intensifies along Durham Street. The long-term development options are diverse, as holding incomes give investors ample time before deciding to build upwards.