Rarely does such a large site of this calibre come to market in Mount Maunganui. Situated at 39 MacDonald Street, this 3,000m² commercially zoned landholding offers scale, flexibility, and genuine redevelopment credentials that will appeal to a wide field of purchasers.
For close to 30 years, the site has operated continuously as a childcare facility under the Top Kidz and Best Start brands. The existing tenant's lease expires June 2027, creating a defined and imminent opportunity to reposition the asset. Whether the intention is to retain a childcare operator on improved lease terms, introduce an office or trade tenant, establish a church or community-based enterprise, or pursue a comprehensive redevelopment of the underlying commercial land, the site supports a wide range of future outcomes.
The current lease provides a net rental of $244,000 plus GST and outgoings per annum, while a market rental valuation, based on a childcare use indicates an income of $286,000 plus GST to an incoming owner. With wide road frontage, a large flat site, and a central Mount Maunganui location, this is a compelling opportunity for developers, owner-occupiers, and land-banking investors alike.
Contact Rich or Duncan to receive an information pack or to discuss further.
Features:
• Freehold land area: 3,000m²
• Floor area: 957.6m², across 3 buildings
• Current rental: $244,000 + GST & outgoings p.a.
• Market rental for Childcare $286,000 p.a + GST
• Additional rear leased land of approx. 450m² also available
• High exposure to passing Maunganui Road traffic
• Commercial zone with strong redevelopment potential
• Current lease expiry June 2027
• Central Mount Maunganui location
• Also being offered to the market for lease: https://www.colliers.co.nz/en-nz/properties/three-buildings-one-site-redevelop-or-occupy/nzl-39-macdonald-street-mount-maunganui-bay-of-plenty/nzl67042326
For Sale by Deadline Private Treaty closing Thursday, 22nd October 2026 at 4pm (unless sold prior).
