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Listing Description
Listed: Thu, 2 Oct
Premier trophy investment in Mount Maunganui
70 Maunganui Road, Mount Maunganui, Tauranga, Bay Of Plenty
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property use | Development site |
| Agency reference | 2504951 |
Description
Rarely do properties of this scale, calibre, and location become available in Mount Maunganui’s tightly held commercial precinct.
This iconic property occupies a premium corner site on the Mount’s main retail and hospitality strip, delivering a commanding presence and long-term value. Currently returning a net rental of $295,903 + GST and outgoings per annum, this offering provides strong holding income with the added appeal of future redevelopment potential thanks to its large landholding and Commercial Business zoning.
Positioned on one of Mount Maunganui’s most high-profile corners, 70 Maunganui Road presents an exceptional investment opportunity in the heart of the action. Anchored by the ever-popular cafe The General, The Olive and Fig restaurant and established office tenancy leased to X4 Group, this mixed-use property delivers both prestige and performance.
Key Highlights:
- Landmark corner site in the heart of Mount Maunganui’s bustling main street
- Fully leased and returning $295,903 +GST and outgoings p.a.
- Sizable land parcel with future redevelopment potential
- One of Mount Maunganui’s most high-profile properties
- Commercial business zone, a rare and sought-after location
Do not miss your opportunity to secure your stake in one of New Zealand’s most vibrant coastal destinations, call Rory or Mark today.
Property Files
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Rory Brown
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