Tauranga
Pacific Property Fund Limited

Located in Tauranga’s city centre, 46 Spring Street is a well-positioned commercial and retail property that includes ground-floor retail tenancies and office tenancies on the first and second floors.

This freehold asset offers strong long-term value and growth potential, situated within 20 minutes from the Tauranga airport, major shopping centres and the port.

  • Government-backed tenancy: The building serves as PMG Funds' head office in Tauranga
  • Long-term investment: Market cap rate of 6.75% with stable cash flow
  • CBD location: Positioned in Tauranga’s fast-growing city centre

Asset details

Asset Type
Office
Value
$10,850,000
Anchor Tenant
Sequal Lumber
Occupancy
63%
WALT
3.73
Tenants
8