This quaint 66sqm Freehold Unit Titled tenanted investment is a fantastic opportunity for savvy and entry-level investors. With a modern concrete construction built to 100% of the new build standard, this property offers peace of mind and a low-maintenance investment. The current tenant, a barbershop, is paying $9,246.08 plus GST per annum in a lease term of two years from 1 February 2023. They have three further rights of renewal of two years each. Located on the bustling Pukuatua Street in Rotorua CBD, this property is in a prime location for visibility and foot traffic.
A shop this size is historically sought after to lease in the Rotorua CBD, giving a purchaser peace of mind. Don't miss out on this excellent opportunity, the vendor intends to be sold on Auction Day.