Looking for an investment that cleans up?

15, Sunset Road, Mangakakahi, Rotorua

Auction

Proposed Usage
Industrial
Floor Area
875.00 m²
Description:
Property ID
1c02jkb

Asking price plus GST (if any).
- Ten year lease to long established commercial cleaning / dry-cleaning company
- Rights of renewal out to 2031
- High profile site with multiple end uses
- Current tenant has invested heavily in the premises
- Sought after building to yard space ratio

This property, located in close proximity to the main northern arterial route in Rotorua's industrial area provides security of $79,000 +gst income per annum for a further five years. Current tenant Apparel Masters / Rotorua Drycleaners operate an efficient and high tech commercial cleaning business alongside dry cleaning and self-service laundromat, and have invested heavily in fitting the premise out to their needs. Freehold Industrial 1 zoned land area of 1,012sqm with a net lettable area of 875sqm comprising a mix of warehouse, office and mezzanine, gives tenants ample yard and parking space of 425sqm which is always hard to come by and in great demand. Pay attention to this rare hands-off investment opportunity in a growth location.

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Mangakakahi Area