Colliers are pleased to offer for the first time ever on the open market, the investment opportunity to own two prime Mount Maunganui strip retail properties within the popular Central Parade shops.
This unique dual investment opportunity is situated in the heart of Mount Maunganui, offering excellent exposure on busy Maunganui Road and featuring eight diverse, long-term high-quality tenancies with very affordable rentals.
These properties boast a wide street frontage with ample on-street parking, as well as a large rear car park accessible via a drive-through service lane.
You could simply sit back and enjoy the substantial passive income as well as capital appreciation of the combined 1,478m² freehold titles, or you could future enhance the current income by developing on the large rear car park, or the properties as a whole.
If you are seeking a secure rental income with assured capital growth from rising rentals and increases in the value of the underlying land, this is the perfect opportunity for you.
Features:
- Each property is available to purchase either together or separately
- Total building area of 592.9m²
- Total land area of 1,478m²
- Total current rental of $288,720 + GST & OPEX
- 525 Maunganui Road current rental of $148,160 + GST & OPEX
- 529 Maunganui Road current rental of $140,560 + GST & OPEX
- 31 on site car parks
- 8 tenancies (4 on each of the two titles)
- Commercial 16m height allowance
- Rear service lane access
- Excellent central Mount location
These properties are offered for sale either separately or as a whole by Deadline Private Treaty closing 4pm, Thursday 19th November 2026 (unless sold prior)
