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High Income - Strategic Location

2 Mangakahia Road, Maungatapere

Industrial Buildings
dollar

Negotiation

Floor area
3617m2
Land area
8548m2
Covered park
40
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Property details

Listing # L32186727 | Listed on 14 January

The former Maungatapere Dairy Factory has been successfully repurposed into a buzzing and profitable local business hub by the vendor. The vendor is now retiring from commercial property.

This offers the opportunity to purchase a highly strategic property right on the intersection of State Highways 14 & 15 in the center of Maungatapere.

As there are no shopping facilities west of Whangarei, this site provides a huge potential in feeding the demand for a local shopping facility. The catchment area runs from Maunu all the way to Dargaville as the closest possible outlet.

The close proximity to Whangarei Base Hospital and the city center makes settling west of the city an easy decision for many. The westward expansion is significant and together with the predicted to grow of 40,000 residents in the coming decades, Maungatapere holds immense potential.

Not only does the property offer a current annual income of over $255,000+gst, it is also situated on 8,548 sqm of prime, flat land with over 80 meters of road frontage.
Combined with the favourable zoning, it allows for an excellent opportunity to capitalize on the growth of Whangarei by exploring its re-development potential.

Contact us today for more information and viewings.

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