Trophy Investment Property!


145 Newton Street, Mt Maunganui

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Trophy Investment Property! | 145 Newton Street, Mt Maunganui | 2501860 |      X Close
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Trophy Investment Property!


• Solid income earner and cashflow from international tenant

• Strategically positioned standalone site on major arterial route

• Considered one of the most tightly held commercial precincts in the BOP

Situated in the highly sought-after coastal location of Mount Maunganui this prime 1670sqm property must appeal to astute investors seeking a proven and passive performer for a long-term hold.

The property has been developed with a 302sqm single-level purpose-built fast food outlet premises which includes drive through access and ample on site parking returning an impressive annual net rental of $182,250 + GST and outgoings. The overall quality and presentation of the property is exceptional with the site occupying a high-profile corner site with triple road frontages to Newton Street, Hewletts Road and Maunganui Road, providing massive exposure for the tenancy.

Seldom does a commercial investment of this calibre present itself to the market with such strong tenant covenant, long-lease tenure and highly desirable location where investor demand constantly exceeds supply.

145 Newton Street, Mt Maunganui

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