Nadia Christensen

Commercial Salesperson

REQUEST FREE APPRAISAL

Rotorua 1301 Amohau Street

$593,000

Massive Sale Price Drop

This iconic building is 99% fully occupied. Located on a hugely busy Rotorua
corner in the heart of the CBD.

• First time on the market for 50 years!
• Sale price reflects over 14% return on investment
• Leasehold Estate
• Land Area - 1012sqm more or less
• Total Floor Area - 1211sqm
• Mixed Building Age
• NBS - Less than 33%
• Established, strong & happy tenants
• Thousands of passing cars each day
• New Exterior Paint
• Opposite Waitomo Petrol, Spotlight and Rotorua's Skate Park
• Vendor Finance Available
• Rental Net Income approx $80,130 + GST p/a
• Ground Rent - 21 years in Perpetuity. New Rental set from 1st May 2021 at $39,000.00 +GST per annum
• Legal Description: Sec 6 Block XLII Town of Rotorua
• CV: $1,370,000
• Land: $610,000
• Improvements: $760,000
• Tenancy Schedule and Outgoings Schedule Available

Call Nadia to inspect or discuss further

For Sale

$593,000

Property ID:

ERTC10030

Land Area:

1,012 square metres (approx)

 

*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.