2 Moir Point Road, Mangawhai Heads, Northland

2 Moir Point Road, Mangawhai Heads, Northland Mangawhai Development Opportunity

Come and join the hustle and bustle in one of North Auckland’s biggest growth location.

Situated on a prime corner site this 1923sqm freehold title offers a myriad of future opportunities. Providing a short term holding income of $88,400 net pa (approximately) from multiple income streams will allow a new owner time to unlock the full potential this site has to offer.

Improvements include a single level building of approximately 187sqm plus addition of 23sqm which is an attractive commercial office with large display windows and signage opportunity for the local real estate company. Car parks are located directly in front and accessed via Molesworth Drive with alternate access to Moir Point Road. Oasis café, also with excellent exposure to the large volume of passing traffic on Molesworth Drive, flows to an outdoor covered dining area with additional open-air seating. Finally, the vacant yard area of approximately 690sqm opens up an opportunity to secure additional income or utilise for your own business requirement.

Mangawhai and Mangawhai Heads is located on the East Coast and only a 1 hour 30 minutes from downtown Auckland and with the soon to be open Northern Motorway extension it’s only getting closer. Once a popular holiday spot renowned for its beautiful estuary, favoured surf beach, golf course and world famous nature walks - these days Mangawhai has become a year round, thriving community which has experienced huge growth over the last few years which continues now with high profile national brands joining the local commercial and retail hub.

• Prime corner site location

• Freehold title of 1923sqm

• Huge profile

• Holding Income

• Add value, development opportunity

• Multiple income streams

The property is For Sale with an Asking Price of $2,650,000 + GST (if any). For an appointment to view or for further information contact the sole agent Euan Stratton 0275 807 439