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Te Ngae

216 Te Ngae Road, Te Ngae, Rotorua

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13,882sqm Land area SQM
2,684sqm Floor area

ONE OF ROTORUA'S LAST DEVELOPMENT SITES


One of Rotorua's last remaining large main road development sites with a generous land area of 13,882sqm more or less with approximately 100m more or less of road profile onto a traffic count of 34,000 vehicles per day on the city's main eastern arterial route. The current tenant, Fletcher Distribution, has a right of renewal in July 2016. The property is returning a current rental of $235,000 plus GST and outgoings per annum. Early access is a possibility if required by an owner/occupier or developer. This could be a superb opportunity for trade retail or a large warehouse/distribution tenant who requires exposure plus surplus land. Sites of this size and location so close to the industrial area and central business district are hard to find. For further details please call.

Asking Price NZ$2,600,000 + GST (if any)
Mark Rendell

Mark Rendell


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

Features

Area


Generous land area of approximately 13,882sqm more or less

Feature


Large traffic count of approximately 34,000 vehicles per day

Location


Located on busy Te Ngae Road