• Returning $193,000 per annum plus GST and outgoings from three established tenants
• Freehold 933sqm (more or less) site with approximately 733sqm of total building area
• Premium Tutanekai Street position alongside Te Manawa, the heart of the city
• Anchored by Macpac, with Toyworld and KV Tech completing a proven tenant mix
Positioned within one of Rotorua’s most sought-after retail blocks, this well-presented investment occupies a premium location on Tutanekai Street, surrounded by A-grade neighbouring tenants and directly alongside Te Manawa, the heart of the city.
The property is fully leased to Toyworld, Macpac and KV Tech, delivering a strong and diversified income stream. Macpac anchors the asset as a recognised international brand, complemented by Toyworld, a well-established national retailer, and KV Tech within the growing technology sector, providing a balanced and resilient tenant mix.
Benefiting from consistent pedestrian and vehicle traffic, the property enjoys excellent exposure and accessibility within this vibrant retail precinct. Its position among quality neighbouring occupiers further reinforces its long-term appeal to both tenants and investors.
Set on a 933sqm (more or less) freehold site, with approximately 733sqm of building area, this is an opportunity to secure a substantial landholding in a tightly held central location, combining reliable income today with future upside potential.
Property Files Link: http://propertyfiles.co.nz/5530402
