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1274 Fenton Street, Rotorua Central

Office Building
dollar

$1,150,000 Plus GST (if any)

Floor area
813m2
Land area
443m2
Title type
Freehold
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Property details

Listing # 2450645 | Listed on 13 April 2022

Bringing in $70,000 plus gst and OPEX of steady income for the landlord each year, this two storey 813sqm (net lettable area) building sits proudly on Fenton Street. Fully tenanted with great exposure to passers-by, Te Waiariki Purea Trust have been operating from the building since 2018. Situated on approximately 443sqm of freehold land, with four covered carparks to the rear, the building has brand new air conditioning and downstairs kitchen. Fenton Street is the main entrance into Rotorua CBD, leading towards the lakefront; with high levels of vehicle and foot traffic passing daily. Originally build circa 1960's and upgraded in the 1990's, this building is of a good standard, no problems with seismic issues, it is built to 75% of the New Build Standard.

Freehold and Fully Tenanted - This property will be sold; contact Bayleys today for further information.

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