Mt Maunganui
43 Maranui Street, Mt Maunganui, Tauranga & Surrounds
+19
Surf, sand and smart investment
Just 400 metres from the surf and set on a well-positioned 523sqm (approx.) site, this versatile property combines the character of a 1960s beach bach with updates completed in 2006 - and offers serious earning potential.
Currently home to established commercial tenants willing to negotiate an ongoing lease at above-market rent, this is your chance to lock in an immediate income stream while deciding how to maximise the space. With resource consent in place for commercial office use, you can continue leasing, set up your own high-visibility business, or explore future development possibilities.
Key Features:
•Resource consent for commercial office use
•Potential to secure above-market rental from existing tenants
•Five bedrooms (or four plus a second living area)
•Open-plan lounge/dining with heat pump
•Kitchen with timeless original detailing
•Six off-street car parks - rare in this location
•Just 400m to the beach, close to schools, parks, cafés, gyms, and Bayfair Shopping Centre.
Whether you're chasing a high-yield investment, a strategic coastal business base or even to renovate and revert back to a residential home, this is a rare opportunity in a tightly held Mount Maunganui pocket. Early action is strongly recommended.
Matt Power
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Just 400 metres from the beach - lunch breaks have never been better.
Income
Commercially tenanted property with stable income stream.
Opportunity
Chase a high-yield investment or renovate and revert back to a residential home in this tightly held Mount Maunganui pocket.
Investment
Secure a 523 square metre site and chip away at the mortgage with existing tenants already locked in.
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