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Investment Property For Sale

Mt Maunganui, 1/5 Macrae Avenue

Auction 24 May 2019 Unless Sold Prior

Listing Number: TG56541
About this listing
Total floor area: 229sqm
Land area: 528sqm
Here is an excellent opportunity to purchase a solid investment with add on potential in a central Mount Manganui industrial location.
High stud solid warehouse with office, bathroom, staff room and spacious workshop.
Excellent access with high roller-shutter doors and parking for 6 vehicles plus.
Approved plans available for a 100sqm canopy/wash bay and a first floor apartment.

Rental income: $40,714.00 Plus GST per annum including carparks and containers
Term: 3 Years
Rights of renewal: One right of three years followed by two rights of five years

To view further information on this property, please visit: www.propertyfiles.co.nz/property/TG56541

Auction Friday 24 May 1:30 p.m. (In rooms) Unless Sold Prior
Auction date
Friday 24 May 1:30 p.m. (In rooms)
Unless Sold Prior
Property Information
  • Tenure: Fee Simple
  • Property Type: Other (Industrial Warehouse)

Contact Details

Property Location

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