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Freehold Investment Property Currently Tenanted

Rotorua Central, 1210 Pukuatua Street

Contact agent for more information

Sold
Sold
Listing Number: RT0090706
About this listing

SOLD - This listing was sold in August 2019.

- Overseas owner / priced to sell
- Current tenant gross lease $45,000 plus GST
- Lease renewal and rent review 31/10/2020
- 596 m² retail and mezzanine space

Category commercial retail use and currently tenanted by Double Bucks retail outlet since 2014. The current rates are $5,202.00, plus GST, giving a yield of 8% without landlords insurance cost. Council file considers building not earthquake prone.

Overseas investor wants sold within the next month, so all genuine offers will be considered. Located in a block of three. Other tenants are furniture and engravers.

Contact Paul Sanford for further information.
Property Information
  • Approx Floor Area: 596 sqm
  • Land Size: 458 sqm
  • Property Type: Retail
  • Approx Floor Area
    • Retail Square Metres: 596

Contact Details

Property Location

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