- Price Guide: Sold
- Contact Agent
- Bedrooms:
- 0
- Bathrooms:
- 0
- Car Spaces:
- 0
Details
-Busy corner site with great visibility
-Two tenants for split risk investment
-North facing plus off-street parking
-Building of 450 sqm, land of 916 sqm (more or less)
Rare to the market we are fortunate to present this prime industrial property with dual tenants. Comprising of a 450 sqm (more or less), building on a 916sqm corner section with high visibility, on an intersecting arterial route. Current net rental income from both tenants is $42,981. The first tenancy comprises of a three bay high stud workshop with 3 x approximately 4m high roller doors, an office, storage area, lunchroom and amenities. The second tenancy has a single approximately 4m high sliding door, large storage area with mezzanine floor, office and amenities. Both premises were built to receive the sun and light and offer plenty of off-street parking. Both tenants wish to stay on. This will make a great tenanted investment or provide a holding income whilst land banking, as the location is fantastic and it is only a short stroll to Rotorua’s famous Redwoods.
To be sold by Auction on the 25th of May 2023 at 1pm, first floor Trinity House, 1268 Haupapa Street Rotorua. Contact David Schmidt for more information and an appointment to view.
-Two tenants for split risk investment
-North facing plus off-street parking
-Building of 450 sqm, land of 916 sqm (more or less)
Rare to the market we are fortunate to present this prime industrial property with dual tenants. Comprising of a 450 sqm (more or less), building on a 916sqm corner section with high visibility, on an intersecting arterial route. Current net rental income from both tenants is $42,981. The first tenancy comprises of a three bay high stud workshop with 3 x approximately 4m high roller doors, an office, storage area, lunchroom and amenities. The second tenancy has a single approximately 4m high sliding door, large storage area with mezzanine floor, office and amenities. Both premises were built to receive the sun and light and offer plenty of off-street parking. Both tenants wish to stay on. This will make a great tenanted investment or provide a holding income whilst land banking, as the location is fantastic and it is only a short stroll to Rotorua’s famous Redwoods.
To be sold by Auction on the 25th of May 2023 at 1pm, first floor Trinity House, 1268 Haupapa Street Rotorua. Contact David Schmidt for more information and an appointment to view.
Property Details
Property Type
Commercial
Commercial
Property Category
Industrial
Industrial
Property Size
450.0 Sqm
450.0 Sqm
Land Size
916.0 Sqm
916.0 Sqm
Commercial Listing Type
SALE
SALE
Auction Time
Thursday 25 May 2023
01:00PM
01:00PM
Inspection Times
By appointment