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ID#597277
112 Lake Road,
Koutu
Rotorua
PBN
2,121m²
(22,830.23 sq.ft.)
proudly marketed by
Fuel your portfolio on Lake Road
This landmark corner site on Rotorua's busy Lake Road represents a premier investment opportunity. Positioned on 2,121sqm of freehold land, the property commands exceptional profile on one of the city's key arterial routes. A well-presented 220sqm building anchors the site, securely occupied by a recognised national tenant returning $222,355.68 net per annum plus GST and outgoings. With more than five years remaining on the current lease term, investors can take confidence in long-term, reliable cashflow underpinned by a quality covenant.
Opportunities of this calibre, combining scale, exposure, and blue-chip income, are rarely offered in Rotorua. For astute investors seeking a bankable asset with rock-solid returns and future upside, this property simply cannot be overlooked.
Location
Agents
Mark Slade
Bayleys Rotorua Success Realty Ltd 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!
read moreDamien 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#597277
112 Lake Road,
Koutu
Rotorua
PBN
proudly marketed by