QUALITY INVESTMENT WITH NATIONAL TENANT

1266, Tutanekai Street, Rotorua

$2,995,000

Proposed Usage
Office
Floor Area
829.80 m²
Description:
Property ID
1bzhdpr



City Centre investment opportunity with this modern, unit titled property tenanted by national brand Kathmandu since 2007  with complementary Coffee Fix tenancy conveniently situated at the front of the property. Returning $232,661 pa + GST, with Kathmandu having uplifted their third right of renewal, with one remaining right of renewal - final expiry in December 2027. Strong surrounding tenancies include Pascoes, Hannahs and Stirling Sports. The property underwent extensive renovations in 2007 and has an IEP rating above 67%. 

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Rotorua Area