162 & 166 Maunganui Road, Mt Maunganui, Tauranga & Surrounds

Two Outstanding Mt Maunganui Properties For Sale

- Two prime Mount Maunganui CBD freehold sites\n- Both split risk with retail/residential tenancies\n- Future redevelopment potential with strong holding incomes\n- To be auctioned separately and will not be sold prior\n\nOutstanding opportunity to secure two adjoining prime Mount Maunganui main street retail/residential investments in a highly sought after location where tenancy demand constantly exceeds supply. This is a tightly held property precinct that rarely comes to the market.\n\n162 Maunganui Road is currently leased to a long established homeware and gift store tenant 'The Gilded Edge' plus a periodic residential tenancy above that return a combined total annual net income of $98,402.\n\n166 Maunganui Road is currently leased to a leading fashion retailer 'Tilda' with the current owners occupying the residential tenancy above and both are estimated to return a combined total annual income of $87,668 approximately.\n\nThe income, location and future redevelopment potential of both properties combine to make these two compelling commercial investments not to be missed. Buy one or both!