An outstanding opportunity to own a bite sized commercial investment in one of the most unique and exclusive beachside suburbs in the Country.
314 Maunganui Road is situated on the corner of Maunganui Road and Rata Street which is the gateway to the retail and hospitality area of Mount Maunganui.
The property has a sunny north facing aspect and benefits from excellent street presence to the high volume of vehicle and pedestrian traffic. The property is surrounded by a mix of retail, hospitality and apartment developments and directly opposite the recently completed Quest hotel.
Unit C & D are leased together by one well established food and bar operator The Pizza library. The Pizza Library is a local well known fully licensed bar and restaurant serving hand-crafted gourmet pizzas and cold beverages from their Mount location for many years, and recently expanding to open a second successful location in Papamoa.
â¢Total floor area 179sqm
â¢Two titles: 109sqm (Unit C) and 67sqm (Unit D)
â¢Seven covered carparks
â¢Long term established Tenant
â¢Net rental $80,000 p.a + GST and outgoings
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