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Very rarely do affordable investment opportunities such as this present themselves to the market in this sought-after coastal location. The property is strategically positioned on one of the most sought-after streets in the city – Maunganui Road.
Maunganui Road is a beachside retail and hospitality precinct where Tenant demand consistently exceeds supply, and the area has shown sustained impressive rental growth over the past decades. Customers are drawn to this bustling location year-round as they enjoy the beautiful natural environment beaches and walks up and around The Mount.
2/277 Maunganui Road is Tenanted by a retail/service provider Lush Smiles. A space for customers to truly enjoy their experience, the tenancy has been tastefully fit out and is extremely well-presented.
•Net rental $34,000 p.a + GST and outgoings
•Floor area approx. 86 sqm
•One secure basement carpark
•Commercial zoning
•Sought after retail/hospitality location
•Approx. 450m away from the Port International Terminal where cruise ships berth
For a full information pack, get in touch today!