Mangakakahi
6 Waterford Street, Mangakakahi, Rotorua
For Sale by Negotiation
Tenanted investment opportunity
This property is a purpose built but reasonably versatile service industry building constructed in the 1990's with a high NBS of 147% comprising 2,117sqm of warehousing and office amenities all on a Freehold land area of 3,833sqm with hot mix sealed fenced yard and parking/access areas. The site is approximately 2kms West of Rotorua's Central business district in a popular Industrial estate with good access to State Highway 5.
Land area: 3,833sqm
Building area: 2,117sqm
Net rent: $235,000pa + GST & Outs
Term: Four (4) years from 1 July 2023
Mark Slade
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Damien Keenan
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Brei King
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Accessibility
Easily accessible from both Waterford Street and Bidois Road
Seismic (NBS rating)
High spec, NBS rating of 147%
Occupancy
NZ Post currently on a 4 year lease
Land area
3,833sqm (more or less)
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