Prime Retail Investment - National Tenant

1266, Tutanekai Street, Rotorua, Rotorua

By Negotiation

Proposed Usage
Retail
Floor Area
2497.00 m²
Description:
Property ID
1bz6lxs

Asking price plus GST (if any).
Extensively refurbished in 2007, this freehold unit title property is situated in the premium retail block of Tutanekai Street. The 835.4sqm building is surrounded by A grade tenants, such as Hannahs, Pascoes, Macpac and Just Jeans. Established, majority tenant, Kathmandu has renewed its lease out to 4 December 2023 giving the new owner peace of mind, that $220,161.55 plus GST is committed to for 6.5 more years. Coffee Fix Kiosk is conveniently primed for passers-by paying $12,500 plus GST per annum. Both tenants have further rights of renewal.

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Rotorua Area