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Mt Maunganui

71 Hull Road, Mt Maunganui, Tauranga & Surrounds

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888sqm Land area SQM
464sqm Floor area

Auction

(unless sold prior)

Prime Mount Maunganui industrial opportunity!


• Premium Mount Maunganui location close to Port of Tauranga
• Currently returning $90,000 pa + Outgoings + GST
• New 4-year lease from 1st June 2022 with fixed rental growth
• Strong history of growth in Mount industrial asset values
• Superb opportunity to secure an affordable passive investment

Invest with confidence in a location where tenant demand constantly exceeds supply in the Mount Maunganui industrial hub. The building comprises a mix of predominantly warehouse, showroom and office space. This prime location offers road frontage onto busy Hull Road in the heart of Mount Maunganui. This, matched with great access and ample car parking with a secure yard makes this property an extremely sought-after premises for a wide range of users. Currently leased to 1 tenant with the option to add value and split into 3 units in the future. This property benefits from close proximity to all main arterial routes and approximately 500 metres from the entrance from the Port of Tauranga.

Seldom do opportunities arise for passive investments in this location, please enquire today for further information or to arrange an inspection.

Auction
(unless sold prior)

247 Cameron Road, Tauranga

28

Sep

Time1pm
Calander
Calendar
Rory Brown

Rory Brown


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Walton

Mark Walton


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Annual net rental


Currently returning $90,000 pa + Outgoings + GST

Building area


464sqm (approximately)

Land area


888sqm (more or less)

Tenancy


New 4-year lease from 1st June 2022 with fixed rental growth