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Listed 23 days ago

ID#593099

74 Old Taupo Road,

Mangakakahi

Rotorua
$695,000 + GST (if any)
380
(4,090.28 sq.ft.)
834
(8,977.09 sq.ft.)
proudly marketed by
Mark Rendell
Colliers Rotorua
Mark
+64 27 225 6275
Message Me

TOP TRADE RETAIL INVESTMENT OPPORTUNITY

Top trade retail investment opportunity in a prime location on one of Rotorua's busiest arterial routes. Tile Warehouse, a national brand with a local tenant who have leased the property since 2017, have modernised and reconfigured the showroom and warehouse to suit their business. Their current lease has a final expiry in 2026 and they have indicated they would wish to discuss continuing their tenancy after that date, with the new owner.
The property is very tidily presented with a spacious light showroom at the front and a large, well-organized warehouse to the rear, opening onto a sealed customer parking area and with many neighbouring high-profile trade retailers including Plumbing World , Hiflo Pumps, and Flooring Design. Original lease was signed in 2017 at $42,000 + GST net and the landlord hasn't implemented the 2-yearly CPI increases during the tenancy so there is room for upside - this one is well worth considering.

Call Mark or Sean to view or for more information.

Features:

Tidy. well-presented property
Lease offers room for upside
Busy, trade-retail area
Profile main road location
$695,000

More information: https://www.colliers.co.nz/p-NZL67034529

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Agent

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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This property was photographed by

Deanna Onan

Media Specialist

Rotorua

ID#593099

74 Old Taupo Road,

Mangakakahi

Rotorua
$695,000 + GST (if any)
proudly marketed by
Mark Rendell
Colliers Rotorua
Mark
+64 27 225 6275
Message Me

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