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Rotorua

215-223 Old Taupo Road, Rotorua, Rotorua

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809sqm Land area SQM
434sqm Floor area
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High exposure corner block - Multiple tenants


- Multiple tenanted investment
- Freehold land - 809sqm (more or less)
- Net rent $81,980.85pa + GST
- High profile location

Westend block of five retail and service shops located on one of Rotorua's busiest profile intersections at the corner of Old Taupo and Malfroy Roads. A well established commercial zone servicing Westbrook and Hillcrest residential catchments adjacent New World Supermarket and Westend medical centre. The tenant mix includes St Vincent de Paul, three food outlets and the Westend Tavern. A freehold site comprising 809sqm with 8 on-site carparks to the rear of the 434sqm building. This is an ideal opportunity to cash in on the positive holding income with the view to future development.

For Sale by Negotiation
Damien Keenan

Damien Keenan


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

Mark Slade


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

Features

Land area


809sqm (more or less)

Location


Situated on a high profile corner site at a busy intersection

Opportunity


Multiple tenanted investment