6 Molesworth Drive, Mangawhai, Kaipara

Mangawhai Investment with Upside

- Multi-use - retail and/or office\n- Multiple tenancies\n- Well presented and excellent on-site parking\n- Anchor tenant, Kaipara District Council\n- Suitable for passive and active investors\n\nLocated 80 minutes north of Auckland and close to the tourist hotspot of Mangawhai the astute investor will realise the potential for future growth. The Hub is a modern, purpose built two storey commercial complex constructed in two stages in 2006 and 2008. It is situated on the main road of the Mangawhai retail precinct providing a high profile. \n\nThe property is being offered for sale in two parcels, the existing building and carparking (Lot 1 of 3,019sqm) and the additional land at the rear of the building (Lot 2 of 1,807sqm). Tenders are invited for either Lot or as a whole. This investment opportunity offers the new purchaser a strong tenant base and secure income streams from 14 commercial/retail spaces. 12 of the 14 tenancies are leased with a range of tenants including the Frog and Kiwi Restaurant and the Kaipara District Council.\n