1266 Tutanekai Street, Rotorua, Rotorua

Consistent multinational tenant - 8.8% Return

• Anchor tenant has secure four year lease term from December 2023
• Tenants are Kathmandu Limited and Fix coffee kiosk
• High net income of approximately $253,000 per annum
• Good seismic rating to 68% of NBS

Don't miss this rare opportunity to own a retail property with a secure tenant lease and high rental income. The fully occupied, freehold unit titled 835.4sqm has recently had a full remodel on the premise fit out by tenant, Kathmandu Limited, a reputable NZX 50 multinational company.

With an annual net income of approximately $253,000, and strong seismic rating of 68% giving owners peace of mind, this property is a prime investment opportunity. Located in a popular retail hub with A grade tenants surrounding the area, including Pascoes, Macpac, Stirling Sports, and incorporating Fix coffee kiosk that makes it a social hub for shoppers. Rear access lane with roller door access is a bonus, with its outstanding main street central location next to "Te Manawa" the heart of the city.

Contact us now to secure this lucrative investment opportunity!