9/500 Te Ngae Road, Owhata
Rotorua City

ID#447015
Listed 3 months ago

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Property Details

Location:
Rotorua City
Bay of Plenty

Building
Land
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You'll be mad to miss this investment

• Annual rental $40,000 plus GST
• Three year lease with renewals to 2029
• 240m2 Freehold Unit Title
• ISA 'A' grade rating, 80% New Build Standard

Constructed in the 1980's this 240m2 shop within a multi-unit complex with tenant "The Mad Butcher" has been established here since 2002. Located alongside a great selection of complementary neighbouring tenants including Fruit Monster, a laundromat, Lotto Four Square, fish and chip shop and other convenience retailers. The Te Ngae Shopping Centre caters to the eastern suburbs of Rotorua, is on the main arterial route to the Port of Tauranga, the Eastern Bay of Plenty and South to Taupo, Eastern Rotorua is showing positive signs of growth with Motion Entertainment at Lynmore Junction and Texas Chicken recently opening on this side of town.

Call Bayleys for more information

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Sales Consultants

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
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http://www.bayleysbop.co.nz/Rotorua

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Deanna Onan
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027 610 8130
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