54 Geddes Road, Koutu, Rotorua

Shedding light on an investment opportunity

Looking for an entry level investment opportunity in the industrial sector? Look no further, we are delighted to present 54 Geddes Road storage sheds to the market.
Providing owners with a hands-on investment experience, the storage sheds are fully occupied by reliable tenants, removing any concerns regarding vacancies or tenant search. This turnkey investment allows you to reap the rewards from day one, with minimal effort required on your part.
The standout feature of this offering is the presence of sixteen fully tenanted storage sheds, ensuring a consistent stream of revenue throughout the year. With a net income of approximately $28,000 per annum, this property provides a fantastic opportunity to generate passive income while elevating your real estate portfolio to new heights.
Situated on spacious freehold site of 896 square meters, with a total of 320 square meters in improvements, you can be assured of a solid foundation to maximize your investment returns.
In addition to the income, the property boasts a strategic location that further enhances its appeal. The property is conveniently situated in a thriving industrial pocket of Rotorua, assuring easy accessibility for potential renters or lessees seeking storage space close to the CBD.
Whether you are an astute investor seeking a stable income source or an entrepreneur hunting for a prime property to expand your business, this opportunity ticks all the boxes. Don't miss out on securing your future financial success.