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Listed 27 days ago

ID#591243

1154 Hinemoa Street,

Rotorua City

Rotorua
Mortgagee Auction

Mortgagee sale - Hinemoa Towers

Attention developers, investors, and owner-occupiers! Hinemoa Towers, Rotorua's tallest and most iconic commercial building, is now available under mortgagee sale, presenting a rare and compelling opportunity to acquire a prime CBD asset.

This imposing eight-level building offers 2,346sqm (more or less) of total floor area (net lettable approximately 1,996.96sqm) on a 336sqm freehold site. A key point of difference is that the majority of the tenancies consists of established telecommunication businesses on long term leases, with further value found in the north-facing office spaces, which boast exceptional natural light and breathtaking lake views.

With its unparalleled positioning and untapped potential, Hinemoa Towers is ideal for those looking to redevelop, grow their commercial portfolio or secure a landmark investment in Rotorua's commercial heart.

Act now"opportunities like this don't come around often!

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Agents

Mark Slade

Rotorua, Success Realty MREINZ

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

Mark originated from Timaru, where his family has a tradition in the Real Estate Industry.

Before moving to Rotorua in 1993, Mark completed a Bachelor of Commerce Degree, majoring in valuation and property management at Lincoln University and after the required experience gained the title MREINZ. Mark went on to managing and owning, in conjunction with business partners, several Real Estate sales companies. "Bayleys" being the dominant brand.

Together with his wife Denise and their two sons, they own several investment properties and their family enjoys many leisure activities that Rotorua has to offer, including fishing, mountain biking and boating. Mark is further involved with the community, as a committee member of the "Rotorua Property Investors Association" and the local "Mid Island Gymnastics Association"

Commercial and Industrial has been Mark''s passion since his move to Rotorua, and more recently his knowledge and experience has extended into the sale of Motels, Holiday Parks and a variety of business transactions.

Mark is committed to his clients and is always enthusiastic and driven by the thrill of helping people achieve their Real Estate goals!

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Damien Keenan

Rotorua, Success Realty MREINZ

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

This property was photographed by

Rebecca Lowe

Media Specialist

Rotorua

ID#591243

1154 Hinemoa Street,

Rotorua City

Rotorua
Mortgagee Auction
proudly marketed by
Mark Slade Damien Keenan
Rotorua, Success Realty MREINZ
Mark
+64 27 498 8911
Damien
+6421397919
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