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Listed about 14 years ago

ID#221320

Koutu

Rotorua City
Auction
0
0
514
(5,532.64 sq.ft.)
2,158
(23,228.5 sq.ft.)

PREMIUM INVESTMENT
176 Lake Road, Rotorua

•Superb new development with four national brand tenants
•New 5 to 10 year leases with annual growth to CPI
•Over 50,000 cars passing daily
•Returning $177,000pa +GST

Located on a main road corner site, this property has 514 square metres of retail space with multiple tenancies in place. It is set on 2,158 square metres of freehold land with ample onsite parking, and has great exposure to high volumes of traffic.

Keywords

Property Type

  • Investment
  • Newly built

Features

  • Off-street parking

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Agents

Andrew Shaw

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Having 21 years experience in the commercial real estate market in the Region, Andy is ideally placed to advise on investment properties, development opportunities, market trends and methods of sale if you are considering selling, buying, or leasing.

Senior member of Bayleys Waikato Commercial and Industrial team

Bachelor of Business Degree in Property at Massey University

Joined Bayleys in 1993 at the age of 25.

KEY SUCCESSES:

Consistently featured in Bayleys Top 20 nationally

Nominated for top C& I Salesperson for all companies in the Waikato/BOP region a most years and has won top salespersons award twice.

Completed well over $200 million worth of sales and leases during this period.

Sale of close to 100 industrial sites totaling over 200 hectares in the Hamilton Region

Sale of Kens Lockups for $9 million

Numerous investment sales ranging from $200,000 to $12million.

AREA OF SPECIALISATION:

Specialises in commercial and industrial sales and leasing and is familiar with all areas of the market, with focus on the Te Rapa and Frankton Industrial market in particular.

Personal Involvement in a number of commercial investments and developments and is able to give advice based on his experience.

Specialisation in provincial towns where he has been involved in approximately 70 sales with a total value of $55 million throughout the North Island.

Auction method of sale, with comprehensive marketing packages to achieve excellent results for his vendors. Over 100 properties sold through this method, ranging from $100,000 to $3million in value, with a success rate of around 90%. In the current market, marketing is proving to be more important than ever to achieve a successful result.

Outside of work, Andrew is an active individual who participates in a number of sports such as touch, cricket, soccer, rugby. He also competes in mountain biking, triathlons, adventure racing as well as having completed two New Zealand Ironman competitions, and the Coast to Coast.

If you are thinking about doing anything involving commercial property, please feel free to give Andy a call.

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Mark Rendell

Colliers Rotorua

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

I am a qualified plumber who always had a real passion and drive for Real Estate.

In 2007 I made the decision to follow my heart and pursue my dreams, for the last several years I have been the leading commercial & Industrial property broker in Rotorua

I am absolutely passionate about what I sell. I have developed excellent relationships with my customers through applying my interpersonal skills and exceeding expectations by identifying and implementing customer-centric solutions.

Sales Management

Experienced in developing strategies to address my customer’s key requirements and concerns. I build confidence in my portfolio through applying my knowledge and experience to match my customers needs

Customer Focus

Adept at understanding issues from my customer’s perspective. I listen carefully to my customer and consider what is the best solution for them

Building Trust

Treat people with respect. I operate with integrity, ensuring that I always keep my promises and commitments within agreed timeframes.

Communication

Exceptional communication skills with which I am able to articulate ideas, rationales and points logically and succinctly to all stakeholders, customising the medium to the audience as required.

Commercial Acumen

I have established strong levels of commercial acumen throughout my career and have the ability to readily identify areas for business development.

I’m very excited about developing and expanding business with Colliers Rotorua International.

With my local knowledge and experience alongside Colliers’ extensive and specialised national networks, we will take Rotorua’s commercial property market activity to a new level..

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