Share Price at close of trading yesterday: $0.986

Quayside Properties Limited

Quayside Properties Limited currently holds properties in Rangiuru (outside Te Puke) and Tauranga.  Included is the Rangiuru Industrial Park, the largest prospective industrial zone on the eastern side of Tauranga.

Quayside Properties was incorporated in 2003 in order to diversify the investment base of the group into other Bay of Plenty enterprises, including property.  Quayside Properties is a 100% subsidiary of Quayside Holdings Limited.  Quayside Properties Limited and Quayside Holdings Limited have Directors in common.

 

Rangiuru Industrial Park

The Rangiuru Industrial Park is situated 35 kilometres southeast of Tauranga and 8 kilometers from Te Puke.  The land borders both the newly completed Tauranga Eastern Link motorway and East Coast Main Trunk Railway line.  The zoning is of 243 hectares, of which 148.6 hectares are developable land.  Quayside Properties owns 126 hectares of the zoned land.

The area (of 243 hectares) was zoned as industrial in 2007 through a private plan change (plan change 33), sponsored and funded by Quayside Properties Limited (approximate cost $1,500,000).   The land is now deemed part of the "Urban Limit" as represented on Map 22 of the Proposed Regional Policy Statement

To view map click here

The land continues to be operated as both dairy operations and kiwifruit orchards.

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