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Mangakakahi

100 Old Taupo Road, Mangakakahi, Rotorua

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2,481sqm Land area SQM
915sqm Floor area

Arterial route tenanted investment


• Net annual rental $109,620 per annum plus GST and outgoings
• Secure six year lease with rights of renewals to March 2031
• Freehold land area 2,481sqm
A substantial main road industrial property with a long standing tenant 'Golds Gym'. The business has been in operation since 1987 and from this site since 1991. The location enjoys 27,000 vehicles passing per day this 2,481sqm freehold site also has side street access via a right of way through to Depot Street. Clients and customers can have easy access to the building with room for 28 cars. Great visual exposure from to State Highway 5, the main arterial route north and south. Surrounding businesses include Te Wananga o Aotearoa, Mobil, Thompson Mowers and Chainsaws, Rotorua Drycleaners. Register your interest today.

Asking Price NZ$1,400,000 + GST (if any)
Mark Slade

Mark Slade


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Brei King

Brei King


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

Features

Land


Freehold land area 2,481sqm

Location


High-profile site located near Sunset Road and Old Taupo Road intersection

Tenanted Investment


Long-standing tenant, Golds Gym