- Multi tenanted building
- Building constructed in 1990
- Seismic report in excess of 78% NBS
- Two rent reviews due early 2021
Vendor says sell this high-quality rental building in central CBD Rotorua.
Tenants include Macpac & Repair Centre with one tenancy vacant. Potential to increase current nett yield with rent reviews of both tenants due plus interest in the third premises for lease.
Seismic rating of 112% NBS in a longitudinal direction and 78% NBS in a transverse direction.
Quality fitouts in both current tenancies.
Council LIM report, leases, seismic report and tenancy schedule complete the information memorandum which is available on request.
Inspections available contact Paul Sanford or David Schmidt.
