Welcome to the heart of Maketu - a charming seaside town nestled in the Bay of Plenty, known for great fishing and surfing spots, relaxed lifestyle, and of course... world-famous pies.
A rare commercial opportunity in this sought-after coastal community.
Property Highlights:
• Three separate tenancies
• Land Area: 1,897sqm (approx)
• Floor Area: 1,409sqm (approx)
• Returning $110,040.58 p.a. + GST + outgoings
• Commercially zoned
• Freehold ownership - no body corporate
• Rateable Value $2,320,000
Currently, the property benefits from three separate rental streams, providing a reliable income. Among the tenants is the iconic Maketu Pies, a household name across New Zealand. While the business itself is not for sale, the tenant lease is expected to end in December 2026, offering potential for a new owner to create their own space in this high-profile location. Alternatively, there may be an option to lease the space to a new tenant.
The real potential lies in the future. With nearly 1,900sqm of land, this property offers excellent land banking opportunities or the possibility to develop a standout project in a growing town attracting the attention of investors and developers.
Whether you are seeking a solid investment, portfolio diversification, or a development prospect, this Maketu property presents a unique chance to secure a prime commercial site in a coastal hotspot.
For more information or to arrange a private viewing, get in touch today. Opportunities like this don't come around often - especially in a place like Maketu.
Invest in something iconic. Invest in Maketu.
