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Fairy Springs

Unit 3/100 Fairy Spring, Fairy Springs, Fairy Springs, Rotorua

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87sqm Floor area

BEST SUSHI - BEST INVESTMENT, 6 YEAR TERM


One of five investment opportunities in this popular rental complex with rentals ranging from $26,100 to $50,000 per annum\n\nSituated in the busy, high profile retail complex at Fairy Springs and in close proximity to local tourist attractions, this unit is tenanted by Best Sushi. It is currently returning $26,100 plus GST per annum with a six year lease, which commenced in July 2014, with two further rights of renewal of three years each, final expiry in June 2026 and with annual 3% increases from July 2015.. Built to the latest building codes of steel and concrete construction and completed in March 2014, the complex has the added benefit of 90 common share car parks and is surrounded by high quality, complementary tenancies.

Auction

The BNZ Partners Business Centre, First Floor, 1202 - 1212 Amohau Street,Rotorua

16
Apr

Time1pm
Calander
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Mark Rendell

Mark Rendell


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

Features

Feature


Currently returning $26,100 plus GST per annum

Location


Prime corner location with main highway exposure

Tenant


Best Sushi with the final expiry in June 2026