350 Maunganui Road
Prime Development or Land Bank Opportunity
Located in a high-demand area with strong growth prospects, 350 Maunganui Road is an attractive investment opportunity on the doorstep of downtown Mount Maunganui.
Ripe for development, it is an excellent opportunity for investors or developers to acquire a central parcel of land with a holding income.
The current income stream is $259,480 per annum. The property’s central Mount location ensures strong demand for tenants.
This prime site spans 1,355 square metres which currently houses 10 units plus 10 car parks.
Features:
Total site area of: 1,355sqm
10 car parks
Superb Mount location
Diversified income stream of: $ 259,480 per annum
Zoned: high density
Investment with development options
Future development site
Great investment potential, options for rental income or capital appreciation
Trade options considered
Vendor finance options available
14 beds
10 baths
8 carports
350 Maunganui Road, Mount Maunganui, Bay of Plenty, 3116
Price by Negotiation
Get in touch
Theo Smith
Real Estate Agent
Ben Cantley
Buyers Agent