1174 Amohia Street, Rotorua
8% Return On Investment
For Sale
- Two storey building located close to Hospital, District Court and Lake front - Freehold land of 287 sqm, building of 353 sqm (more or less) - Two dedicated car parks - Long term current tenant For the first time to the market, we are fortunate to present this stand-alone property with a strong existing tenant. Comprising of a 353 sqm (more or less) building, on a 287 sqm freehold section with high visibility on the CBD fringe. Current rental income from the existing accountancy tenant is $108,000 plus GST. This tenant has an initial term of three years (starting 1st December 2023) and three rights of renewal of three years each. The tenant pays 100% of the operating expenses and the building has an IEP result of 80% NBS, rating it Seismic Grade A. The building itself consists of eight closed offices plus two open plan offices, a board room, two meeting rooms, two kitchens...
Price $1,350,000
Contact David Schmidt (02) 7600 0139
[email protected]
Rebecca Baldwin (02) 1100 5326
[email protected]
Office One Agency Property Team
PO Box 12091, Rotorua South, 3010, New Zealand
(02) 7600 0139