- Land Area: Prime high profile 918m2 CBD Site\n- Building Area: 522m2 two-level retail / office building\n- Other improvements: 86m2 rear garage studio plus 20 onsite carparks\n- Opportunity: Split risk asset with six tenancies\n- Income: Annual net rental $154,745 + GST + Outgoings\n\nSuperb split risk investment opportunity for astute investors to secure a prime commercial property in the highly sought after and growth location of Mount Maunganui where tenancy demand constantly exceeds supply.\n\nThe property occupies a premium Maunganui Road position comprising a two level building with six tenancies including three ground floor retail premises, two first floor office suites, a rear garage studio plus outstanding onsite yard parking facilities for twenty cars.\n\nMount Maunganui retail village with its beach to boutique shopping culture is a tightly held property precinct that rarely comes to the market. The income, location and future re-development potential of this property makes this a compelling commercial investment not to be missed!