Strategic Site Benefiting from Major Local ...
The property comprises two residential apartments and a range of commercial tenancies, including a hospitality premises with a fully equipped commercial kitchen. With approximately 457sqm of improvements, the property generates income from multiple sources while offering future rental growth potential.
The investment profile is being strengthened with a new three-year lease to well-known Kāpiti Coast café operator Black Hood Bakes, while a new lease is also being finalised with the hairdressing tenant. These leasing outcomes transform the property from an owner-occupier opportunity into a fully leased mixed-use investment.
Located on the doorstep of significant growth, the new O2NL connection at Muhunoa Road and the proposed golf course are expected to drive further development and activity in the area.
A well-located investment with diversified income and long-term growth potential.
To access all property documentation, visit:
www.propertyfiles.co.nz/property/3muhunoaroadeast
The investment profile is being strengthened with a new three-year lease to well-known Kāpiti Coast café operator Black Hood Bakes, while a new lease is also being finalised with the hairdressing tenant. These leasing outcomes transform the property from an owner-occupier opportunity into a fully leased mixed-use investment.
Located on the doorstep of significant growth, the new O2NL connection at Muhunoa Road and the proposed golf course are expected to drive further development and activity in the area.
A well-located investment with diversified income and long-term growth potential.
To access all property documentation, visit:
www.propertyfiles.co.nz/property/3muhunoaroadeast
Key features
Opportunity
Live-and-work opportunity with residential and commercial uses
Occupancy
Income split across hospitality, retail, and residential tenancies
Passing income
$75,001pa + Plus OPEX plus GST
