Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Rotorua Central

1222-1224 Arawa Street, Rotorua Central, Rotorua

Watchlist
Share
913sqm Land area SQM
500sqm Floor area

Invest in location, income and quality


This is an outstanding opportunity to secure a tightly held commercial investment in one of Rotorua CBD's most well-established office locations — a quality asset offering the fundamentals investors value most: location, strong income, and long-term security.
With split tenancy comes split risk, underpinned by two highly regarded and long-standing tenants. The New Zealand Defence Force has occupied the property since 2004 and reaffirmed its commitment with a further three-year renewal in October 2025, with a CPI rent review taking effect in the next six months and renewal rights extending through to 2040. Simmonds Ball Engert Ltd, a respected and well-established Rotorua accountancy practice, has also confirmed a new five-year lease term commencing May 2026, with further rights of renewal through to 2037.
Returning a total net rental income of $106,276 + GST per annum, the property is positioned on a freehold 913sqm title and comprises approximately 500sqm of office accommodation. Additional features include an 80% NBS rating, eight rear onsite car parks, and a secure sealed yard of approximately 140sqm — all combining to create a stable, low-maintenance investment well suited to investors seeking dependable long-term performance.
Quality commercial investment opportunities of this calibre are rarely offered to the open market in Rotorua. Inspection is by prior appointment only.

Auction
(unless sold prior)

Princes Gate Hotel, 1057 Arawa Street, Rotorua

28
Jul

Time2pm
Calander
Calendar
Damien Keenan

Damien Keenan

Retail, Commercial and Tourism Sales and Leasing

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

Brei King

Commercial, Industrial and Investment Sales and Leasing

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

Mark Slade

Commercial, Industrial and Business Sales and Leasing

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

Features

Passing income


Net rental income of $106,240 + GST per annum

Parking


Eight rear onsite car parks + secured sealed area

Land area breakdown


Freehold 913sqm title and approximately 500sqm of office accommodation

Seismic (NBS rating)


80% NBS rating

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.