33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
33 Photos
VENDOR WANTS SOLD
Description
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.
