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Multi Tenanted Investment With High Yield

Rotorua Central, 1211 Fenton Street

Contact agent for more information

Sold
Sold
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.
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
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