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Rotorua

1290 Amohau Street, Rotorua, Rotorua

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2,870sqm Land area SQM

Lessor's interest - the perfect passive investment


• The ultimate passive investment - lessor's interest
• Ground lessor's interest in 2,870sqm high-profile site on main thoroughfare
• Ground rent income of $139,500 + GST p.a. with five-yearly reviews
• Well-established lessee - Kiwi Fuels Limited trading as Waitomo

A unique opportunity to secure the lessor's interest in a high-profile position, surrounded by other national and international retailers. The property benefits from a recently commenced ground lease to Kiwi Fuels Limited trading as Waitomo, one of New Zealand's biggest independent fuel suppliers. The property returns $139,500 + GST with five-yearly rent reviews.

Underpinned by a 2,870sqm corner site landholding, the ground lease structure presents a perfect opportunity for passive investors and land bankers looking to secure a prime site with consistent hands-off income.

Passive investments of this quality seldom become available in the current market, so invest and relax!

Call now for further information;

Damien Bullick
022 420 6845

Mark Slade
027 498 8911

Alan Haydock
021 532 121

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

5
Dec

Time4pm
Calander
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Damien Bullick

Damien Bullick


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Mark Slade

Mark Slade


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Alan Haydock

Alan Haydock


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Land area


Ground lessor’s interest in 2,870sqm high-profile site on main thoroughfare

Occupancy


Well-established lessee – Kiwi Fuels Limited trading as Waitomo

Opportunity


The ultimate passive investment - lessor's interest

Passing income


Ground rent income of $139,500 + GST p.a. with five-yearly reviews