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Rotorua

1154 Hinemoa Street, Rotorua, Rotorua

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336sqm Land area SQM
2,346sqm Floor area
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Motivated vendor - Priced reduced


An advantageous opportunity for savvy investors to add their touch to this property, maximising returns, and value. Centrally located in 'Te Manawa the heart of the city of Rotorua', this eight levelled property is one of the tallest in the city and is on the lookout for its new owner, with highly motivated vendors.

Unique in the fact that the majority of the tenants are telecommunications businesses, with value being found in the rooftop and the south facing offices. The remaining north facing sunny offices can skite about having what could be argued the best views in town, with long term tenants being Dentists, Te Utuhina Manaakitanga Trust and GNS. 382sqm is currently available for lease or for owner to occupy.

Asking Price NZ$2,200,000 + GST (if any)
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

1


Currently returning $162,924.12 + GST pa

2


Multiple level premises with ten sitting tenants, plus an ability to occupy

3


Centrally located with the Rotorua CBD