Listing Description
Prime Corner Investment
2A Terrace Avenue, Mount Maunganui, Tauranga, Bay Of Plenty
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Capital value (CV) | $1,380,000 |
| Viewing instructions | By Appointment |
| Parking | 4 |
| Property ID# | JTZ592 |
| Agency reference | R603 |
Description
PRIME CORNER INVESTMENT
Deadline Sale closing 15 July 2026 - Prime Corner Investment
Looking for an investment that has long standing operator history?
A prime corner commercial property that has great profile. The location draws on the residents and the commercial activities that surround this business.
Directly opposite the new head office of Zespri International.
Eddies Café has been a go-to choice for the locals and businesses, including the Tauranga City Council sport venues which add support to the café business.
The business owners took over in June 2017 on a 10 Year lease. Eddies Cafe has secured further terms from June 2026 out to 2038, reinforcing that an investor can take confidence they have the right tenant, with a business model that can provide stability. The family has a long history of successful café ownership with extensive knowledge in this field.
- Tenant - trading as Eddies Cafe
- Current annual net rental of $45,000 + GST
- Outgoings detailed in the lease are paid by tenant being $17,214.21
- North facing sunny site with lots of outdoor seating.
- The site offers huge profile from Maunganui Road the main carriage way in and out of Mt Maunganui with ample roadside parking.
- LIM Report will be available to assist in due diligence.
A standard Sale and Purchase Agreement will be supplied with all relevant vendor details. Buyers will be able to make their offers or add further conditions if required.
For more information, please contact Rob Pinny 0274842589 or Email rob.pinny@realtycom.co.nz
Property Files
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