21 Totara Street, Mount Maunganui, Tauranga, Bay Of Plenty

Unlock a rare opportunity to secure a high-profile commercial site in the heart of Mount Maunganui. Positioned on Totara Street, one of the Mount's busiest commercial streets, this freehold 723m² site offers exceptional visibility and development potential. Zoned for commercial use with an allowable building height of up to 22 metres, the property is perfectly suited for a substantial multi-level building for retail, office and high-density residential uses.   The site offers a versatile large, fenced and secure yard, rear service lane access, and a 132m² office building at the rear, providing flexibility for immediate use while planning future projects. Its strategic location places it within close proximity to downtown Mount Maunganui and key transport routes, making it ideal for businesses seeking exposure and connectivity.   Currently generating a holding income, this property offers multiple possibilities for owner occupiers, investors and developers. With its high-profile position and branding potential, 21 Totara Street represents a prime future development opportunity.   Enquire today to secure this exceptional site and unlock its full potential.

Features:

• Freehold 723m² site
• Commercial zoned
• First time on the market in 36 years
• Allowed building height of 22m
• Rear service lane access
• Some holding income
• Large fenced, sealed yard
• 132m² mixed use buildings
• High profile location
• Prime development opportunity
• Suitable for a multitude of uses

For Sale by Negotiation

More information: https://www.colliers.co.nz/p-NZL67037496