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Mangawhai

6 Molesworth Drive, Mangawhai, Kaipara

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1,325sqm Floor area
4,824sqm Land area SQM

For Sale by Negotiation

Investment with Development Opportunity


Astute investors will realise the potential of this investment opportunity in an area of rapid expansion. "The Hub" Mangawhai's largest commercial building contains 14 secure tenancies offering multiple streams of income with Kaipara District Council as a major tenant.

As a result of demand, plans have been designed for an additional commercial building of 802sqm (more or less) on the same site potentially offering 13 extra tenancies. A number of potential tenants have expressed interest at this point in time.

Only 90 mins from Auckland, Mangawhai is experiencing huge population growth and, as a result, demand for commercial facilities.

Located on a prominent corner site with 42 (approximately) carparks the property is currently leased to a variety of established tenants producing a current income of $242,467.39 per annum + opex +GST. Further details are available upon request.

For sale by negotiation. View by appointment only.

Duncan Napier

Duncan Napier


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Helen Bartrom

Helen Bartrom


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Floor Area


1,325sqm

Land Area


4,824sqm (more or less)

Revenue


Strong base of 14 tenancies