Perpetual Leasehold Site With Great Rental Return - This mid 1950s building has been partially upgraded over the years. The perpetually leasehold renewable tenure has rent review each 21 years not due till May 2021. Net income is $135,000 per annum. Sited in Rotorua Central district opposite Rotorua's Central Mall.
Full information on request.
- Gross income of $174,000
- High profile location
- 6 Ground floor tenancies
- Gross floor area 1320m² more or less