Mangakakahi
91 and 93 Riri Street, Mangakakahi, Rotorua
+17
Dual titles, flexible future
Two versatile industrial buildings on separate 506sqm freehold titles, both fully leased and returning a combined $74,200 net per annum plus GST and outgoings.
Located in the tightly held western industrial precinct, with established tenant in place and future scope - this property presents an attractive blend of immediate return and long term potential.
91 Riri Street offers a modernised 410sqm (more or less) mix of showroom, mezzanine office area, and workshop space, while 93 Riri Street provides a functional 350sqm (more or less) warehouse facility and a rear grassed yard area.
Mark Slade
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Zoning
Two freehold industrial properties in a tightly held Industrial 1 zone
Passing income
Generating $74,200 p.a. net + GST and outgoings, with renewals through to July 2039
Floor area details
91 Riri Street: 410sqm with showroom, office, and workshop
Floor area details
93 Riri Street: 350sqm with warehouse, storeroom and staff amenities
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