Diversified investment opportunity


2 Moir Point Road, Mangawhai

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Diversified investment opportunity | 2 Moir Point Road, Mangawhai | 1200678 |      X Close
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Diversified investment opportunity


This diversified investment is leased to three established tenants, including Bayleys Mangawhai.

With a net passing rental of $69,110.82 p.a. (Plus GST) and a weighted average lease term of 2 years to run across the respective leases, this property is a robust real estate asset. Zoned for Industrial Use, this property has strong future redevelopment capacity with less than 25% of the total land area currently built.

This property is a sound split risk investment leased to a diverse tenant mix of service, retail and hospitality; Bayleys Mangawhai, Mangawhai Garden Centre and Ivy Bistro.

The property also provides a private water bore utility scheme to multiple parties including two neighbouring properties and two of the existing tenants, currently returning approximately $8,300 p.a. (Plus GST).

If you would like to receive further information please do not hesitate to get in touch.

2 Moir Point Road, Mangawhai

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