8 Titoki Place, Mt Maunganui, Tauranga, Bay of Plenty

For sale by negotiation

With Mount Maunganui land at the top of the wish list for most investors and owner occupiers, this is an opportunity to own a substantial land holding with excellent upside and potential.

Perfectly located and backing onto the new State Highway 2 and State Highway 29 interchange - The property consists of 6,193sqm (more or less) of land with 1,146sqm (approximately) of buildings.

For sale with vacant possession, this is ideal for owner occupiers and add value investors to utilise the current improvements or further development, enhanced by income from three cell phone towers on the perimeter of the property on long term leases.

Potential options may include subdividing off cool store buildings on approximately 2,200sqm of land and retain the residual yard and workshop on approximately 4,000sqm of land.

Building area: approximate

831sqm plus canopy cool store facility

215sqm workshop building

100sqm Separate onsite office

Three cell phone towers on long term leases returning $29,050pa + GST

Located at the heart of the highly coveted Mount Maunganui Industrial precinct known as the logistics and distribution epicentre within New Zealand’s economic Golden Triangle. The property is located supremely close to the Port of Tauranga, container terminal and Tauranga airport.

Owner occupiers, add value investors, developers are urged to enquire today.