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Fantastic Investment Opportunity For Sale

1109 Fenton Street, Rotorua Central

Office Building
dollar

Negotiation

Land area
730m2
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Map

Property details

Listing # RT0200716 | Listed on 13 April 2022

- Over 6% yield

  • Three quality major tenants
  • Freehold Title, Land area 730 m², floor area 1,890 m²
  • Seismic rating 100% NBS
A serious opportunity to secure a sought-after three storey building with three quality long term tenants returning $210,000 net plus GST per annum.

Close to the $65M Rotorua Lake front development, the 6000 m² new Spa Development and recent hotel and office developments mean the location of this building is very desirable.

Tenants include NZ Home Loans, a property development company and a long-term Charitable Trust.

With a seismic rating of 100% NBS and a motivated vendor offering a 6% yield, this would be an extensive addition to any investment portfolio.

Contact Paul Sanford or David Schmidt for an information Memorandum.

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