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Mangakakahi

15 Sunset Road, Mangakakahi, Mangakakahi, Rotorua

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875sqm Floor area
1,012sqm Land area SQM

Auction

Looking for an investment that cleans up?


- Ten year lease to long established commercial cleaning / dry-cleaning company\n- Rights of renewal out to 2031\n- High profile site with multiple end uses\n- Current tenant has invested heavily in the premises\n- Sought after building to yard space ratio\n\nThis property, located in close proximity to the main northern arterial route in Rotorua's industrial area provides security of $79,000 +gst income per annum for a further five years. Current tenant Apparel Masters / Rotorua Drycleaners operate an efficient and high tech commercial cleaning business alongside dry cleaning and self-service laundromat, and have invested heavily in fitting the premise out to their needs. Freehold Industrial 1 zoned land area of 1,012sqm with a net lettable area of 875sqm comprising a mix of warehouse, office and mezzanine, gives tenants ample yard and parking space of 425sqm which is always hard to come by and in great demand. Pay attention to this rare hands-off investment opportunity in a growth location.\n

Auction

Motion Entertainment Centre, 346 Te Ngae Rd, Rotorua

30

Nov

Time1pm
Calander
Calendar
Mark Slade

Mark Slade


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Brei King

Brei King


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Benefit


High profile site with multiple end uses

Lease


Ten year lease to long established commercial cleaning / dry-cleaning company

Return


$79,000 plus GST per annum