Rotorua Median PriceRotorua Median Rent | A2-6 Ti Street, Rotorua Central | $650,000+ listed in Jul 2017 | Retail: | Land size: [Measure] | Agent: ETB Realty Ltd |
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Map | Street view | Nearby | Property Description: | Leasehold Land With Two Tenancies - Nett yield of $85,042.00 plus GST - Land area 3,036 m² - Building floor area 1,964 m² - Seismic Grade B 67-79% IEP A genuine opportunity to secure this investment based on a high nett yield.
Tenancy One is 'Playtopia Playground & Cafe', including an Educare Facility for children aged 2-5 years. Tenant has recently completed major upgrades at their own expense.
Tenancy Two is 'Wild Nature Duvet Factory', including retail tourism sales.
The land is made up of three leasehold titles with re-negotiated of 21 years setting president, giving confidence to the purchase of ongoing costs.
Contact Paul Sanford for an Information Memorandum. |
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