The highly anticipated Peka Industrial Development is finally here, offering a rare opportunity to secure Heavy Industrial zoned (Industrial 2) land in a prime Rotorua location. This bare land development comprises 13 sites, with lot sizes ranging from 4,000sqm to 13,000sqm.
Businesses can negotiate lease terms up to 99 years, with a typical lease being 15 years plus a further two (2) rights of renewal (15 years each), and rent reviews every 5 years.
Or alternatively purchase a heavily discounted long term lease with a capital upfront payment equivalent to at least 10 years rent which will guarantee the right to occupy the site for up to 50 years, with no rent reviews during the lease term.
Strategically located south of Rotorua on State Highway 30, the development boasts seamless connectivity to key transport routes, including direct access north via State Highway 5 to Auckland and Hamilton.
This is your chance to secure your part of Rotorua's newest industrial expansion. Contact the Bayleys Rotorua Commercial team today to discuss lease options or arrange a site visit.
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
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