1109 Fenton Street, Rotorua Central

- Over 6% yield
- Three quality major tenants
- Freehold Title, Land area 730 m², floor area 1,890 m²
- Seismic rating 100% NBS
A serious opportunity to secure a sought-after three storey building with three quality long term tenants returning $192,500 net plus GST per annum.
Close to the $65M Rotorua Lake front development, the 6000 m² new Spa Development and recent hotel and office developments mean the location of this building is very desirable.
Tenants include NZ Home Loans, a property development company and a long-term Charitable Trust.
With a seismic rating of 100% NBS and a motivated vendor offering a 6% yield, this would be an extensive addition to any investment portfolio.
Contact Paul Sanford or David Schmidt for an information Memorandum.