• Superb split risk investment
• Tightly held property precinct
• Strategic Mount Maunganui CBD Site
• Seismic Rating A Grade / 90% NBS
• Gross Building Area 1,333sqm (approx.)
• Land Area 1,359sqm (more or less)
• Annual net rent $321,452 + GST & outgoings
Situated in the highly sought after coastal location of Mount Maunganui, this substantial two level office complex must appeal to astute investors seeking to secure a quality commercial asset that is a proven passive performer for peace of mind and a long term hold.
The fully leased premises offers a diversified income stream from a well established mix of medical and legal businesses. Anchor tenants include Mount Medical Centre and Abernethy Broatch Law together with Pharmacy 257, MH Rogers Optometrist, Mount Maunganui Dental Centre and Mount Counselling and Mediation Ltd, providing a destination professional office hub in the heart of downtown the Mount with 19 onsite car parks.
Seldom does a commercial investment of this calibre present itself to the market with such strong tenant credentials and desirable locality where both investment and tenant demand constantly exceed supply!