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Mangakakahi

9 Gilltrap Street, Mangakakahi, Rotorua

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809sqm Land area SQM
515sqm Floor area

Prime light industrial opportunity


Positioned within Rotorua's tightly held Western Industrial precinct, 9 Gilltrap Street presents an outstanding opportunity to secure a quality, income-producing commercial asset in a proven location.
The property is fully leased to a well-established national electrical supply company, providing investors with a secure and reliable income stream. The tenant is currently in the second of two three-year terms, with a further right of renewal in place, extending the lease through to 2030. The property generates a strong annual net income of $67,672 + GST.
The building itself is functional and well presented, offering a practical mix of office, retail showroom and warehouse accommodation. Excellent street frontage enhances exposure and accessibility, further supporting long-term tenant appeal.
Industrial properties in this location are rarely brought to market, making this a compelling investment opportunity in one of Rotorua's most established commercial hubs.

Auction
(unless sold prior)

Princes Gate Hotel, 1057 Arawa Street, Rotorua

10
Mar

Time2pm
Calander
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Damien Keenan

Damien Keenan


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

Brei King


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

Mark Slade


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

Features

Floor area details


515sqm (more or less)

Lease


Net return of $67,672pa + GST

Opportunity


Functional, well-presented retail/warehouse premise

Seismic (NBS rating)


67% NBS