https://www.colliers.co.nz/p-nzl67014007
- Sold
This exclusive investment opportunity is a strategic freehold commercial site with excellent long term income and great potential for future capital gain. The long term lease offers stable income but also rental growth.
The location is prime and in high demand by tenants due to the great exposure onto Newton Street but also Maunganui Road at the rear of the property.
A twist is the commercial zoning which allows for future more intense retail, office and showroom developments. A gem in the tightly held Mount Maunganui commercial market – an opportunity not to be missed.
Ref #: 20657438