Prime Mount Maunganui Freehold


120 Hewletts Road, Mt Maunganui

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Prime Mount Maunganui Freehold | 120 Hewletts Road, Mt Maunganui | 2500331 |      X Close
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Prime Mount Maunganui Freehold


- Leased to Farmer Auto Village with two yearly market reviews

- 1527m² of freehold high profile northwest facing corner site with easy access

- Current net rental $166,130 plus GST with next review due 1st September 2019

Last sold 22 years ago, this section of Hewletts Road has become the prime auto dealership location in Tauranga. With recent ground rental rates as high as $125/m² for sites facing Hewletts Road this high profile corner can be expected to be highly prized well into the future.

With massive exposure, this is ideal for investors looking to lock in a strategic land holding for future use while receiving a holding income; or passive investors looking for an A grade tenant with regular market reviews.

120 Hewletts Road, Mt Maunganui

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