Rotorua Central
1120-1128 Eruera Street, Rotorua Central, Rotorua
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For Sale by Negotiation
Split risk investment
-Four tenancies and five cashflows
-Busy Eruera Street location
-Net rents approx $44,124pa + GST
-Secure perpetual renewable ground lease's
This central city commercial retail property comprises four retail ships with carious terms of lease returning a gross rental over $94,000pa. The buildings built circa 1960's with a total floor area of 733sqm situated on two leasehold titles with a land area of 1,012sqm. Expect a high yield!
Mark Slade
Commercial, Industrial and Business Sales and Leasing
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Damien Keenan
Retail, Commercial and Tourism Sales and Leasing
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Multiple tenancy property
Location
Busy Eruera Street location
Lease term
Secure perpetual ground lease
Passing Income
Net rents approx $43,000pa
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