CBD
Rotorua City

ID#429821
Listed 8 months ago

Tender
SOLD
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Property Details

Location:
Rotorua City
Bay of Plenty

Building
Land
Built In
1526 m²
(16420 sq.ft.)
1,589 m²
(0.39 Acres, 0.16 Ha)

Strategic corner location – Rare find

- Returning a net income of $202,016.99 pa + GST
- Building of 1,520sqm comprising retail and office space

A fantastic opportunity to own this distinctive building housing a strong international tenant. Located on the corner of the main thoroughfare to the CBD, Fenton Street, this 1,589sqm freehold site comprising of 1,520sqm of building stands proudly attracting the eye of all passers-by. On street parking for clients is easy with ample spaces on both streets, and suffi¬cient for staff at the rear of the building. The majority of the building is oc¬cupied by ANZ, where the ground floor mix of retail and office is 1,107sqm, with a further 276.97sqm of first floor office space and staff facilities, paying $188,488 + GST net. Electric Bikes currently lease 142.53sqm of retail space on the Fenton Street side, with a lease of $16,500 p.a. gross expiring on 31 July 2019.

Tender Details

Location: 1092 Fenton Street, Rotorua
Time: Tuesday 29th January - 4pm

Sales Consultants

Brei Gudsell


Success Realty Ltd
Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: 07 3495353
Mobile: 021 242 7344
Email: Loading...
http://www.bayleys.co.nz/Rotorua

Mark Slade


Success Realty Ltd MREINZ
Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: +64 7 349 5360
Mobile: +64 27 498 8911
Email: Loading...
http://www.bayleysbop.co.nz/Rotorua

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