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Multi Tenanted Investment With High Yield

Rotorua Central, 1211 Fenton Street

Auction 16 Aug 2018 Unless Sold Prior

Listing Number: RT080702
About this listing
Restaurant - Dairy - Retail - Office Tenancies
- Current net yield $84,061.00, plus GST
- Freehold title land and building 331 m²
- Major refurbishment 2017/2018
- Area includes tourist, travel, souvenirs, restaurants, offices and Government buildings
This two storey building is highly visual in a prominent position on Fenton Street. Close to Rotorua iSITE, Rotorua Lakes Council and the new police station. The area is consistently increasing in pedestrian and traffic counts. Tenants are on gross leases with anchor tenant on a 7 x 5 x 5 year lease commencing 2018.

Full information memorandum with seismic and detailed engineers evaluation. Building naming rights are available.

Contact Paul Sanford for further information.
Auction date
Thursday 16 Aug 1:00 p.m. (Harcourts Rotorua)
Unless Sold Prior
Property Information
  • Approx Floor Area: 306 sqm
  • Land Size: 331 sqm
  • Tenure: Fee Simple
  • Property Type: Carpark, Office, Retail, Tenanted Investment
  • Approx Floor Area
    • Office Square Metres: 150
    • Showroom Square Metres: 156

Contact Details

Corner of Whakaue and Rangiuru Streets
1182 – 1204 Whakaue Street, Block C, Ground floor
ROTORUA
Office website

Property Location

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