Positioned in the heart of Rotorua’s vibrant CBD, 1291–1293 Tutanekai Street presents a compelling entry-level investment with established national tenant Dollar Dealers anchoring the property. The modernised premises span approximately 304sqm over two adjoining leasehold titles, currently configured as one retail store but historically operating as two shops, offering future flexibility to split and diversify income streams. The building has been strengthened to 68% NBS, providing confidence around seismic performance and tenant appeal, and the current occupier has invested significantly in fit-out, underscoring their commitment to the site. Returning $28,495 per annum plus GST and outgoings, this well-located retail holding sits on long-term ground leases and will be sold by Auction, presenting an affordable opportunity to secure a CBD investment with upside and adaptability.
• Returning $28,495 per annum plus GST and outgoings
• Established national tenant, Dollar Dealers, with significant investment into the fit-out
• Modernised retail premises strengthened to 68% NBS, supporting tenant confidence
• Previously configured as two separate shops, offering potential to split and diversify income
