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.
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