Coastal commercial at its best!
- Iconic incomparable Mount Maunganui beach front location
- Adjoining premises with 106sqm (approximately) lettable area
- Long established tenant trading as Beach Hut Cafe Mount Maunganui
- Strong income earner returning an annual net rental of $86,375 + GST
- Two Stratum in Freehold units plus two basement accessory carpark units
Rare opportunity to secure two adjoining commercial units occupying a prime beach front position in the recently refurbished Tower One, Oceanside Resort and Twin Towers complex. Currently leased by the Beach Hut Cafe, this is a long-established hospitality tenancy that has a proven track record of tenure in the premises.
Tower One is a landmark Mount property comprising six ground level shops, ten levels of residential apartments plus basement car parking, situated on the corner of Marine Parade and Adams Avenue at the northern end of the Mount Maunganui peninsula.
This is a high-profile hospitality hub with its popularity attributed to being home to some of the Mount's most favourite eateries/bars as well as being a pivotal location directly opposite the base of the iconic Mauao summit and the magnificent Mount Maunganui surf beach.
Seldom do affordable investments of this calibre become available in this stunning coastal location and these two units must appeal to astute investors looking to acquire quality commercial assets overlooking one of the best beaches in the world!
Call sole agents, Brendon and Lynn Bradley for more information today!
- Adjoining premises with 106sqm (approximately) lettable area
- Long established tenant trading as Beach Hut Cafe Mount Maunganui
- Strong income earner returning an annual net rental of $86,375 + GST
- Two Stratum in Freehold units plus two basement accessory carpark units
Rare opportunity to secure two adjoining commercial units occupying a prime beach front position in the recently refurbished Tower One, Oceanside Resort and Twin Towers complex. Currently leased by the Beach Hut Cafe, this is a long-established hospitality tenancy that has a proven track record of tenure in the premises.
Tower One is a landmark Mount property comprising six ground level shops, ten levels of residential apartments plus basement car parking, situated on the corner of Marine Parade and Adams Avenue at the northern end of the Mount Maunganui peninsula.
This is a high-profile hospitality hub with its popularity attributed to being home to some of the Mount's most favourite eateries/bars as well as being a pivotal location directly opposite the base of the iconic Mauao summit and the magnificent Mount Maunganui surf beach.
Seldom do affordable investments of this calibre become available in this stunning coastal location and these two units must appeal to astute investors looking to acquire quality commercial assets overlooking one of the best beaches in the world!
Call sole agents, Brendon and Lynn Bradley for more information today!
Key features
Passing income
Annual net income of $86,375 + GST and OPEX
Floor area details
Combined floor area of 106sqm (approximately)
Lease
Leased to established tenant t/a Beach Hut Cafe Mount Maunganui
Parking
Two secure onsite basement carparks
Prime frontage
Iconic incomparable beach front location
Opportunity
Two Stratum in Freehold Unit Titles
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