- Constructed in 2009 no seismic %NBS required
- Solid long term tenanted investment
- Quality premise and fit out
- Tar sealed car parking for 16 vehicles

Located in Ngongotaha village and adjacent to the Ngongotaha Doctors, pharmacy and with plenty of tar sealed parking, a fantastic opportunity exists to purchase a quality tenanted investment.
Currently occupied by a health and fitness business with a new five-year lease plus two rights of renewal of five years and returning $55,000 plus GST net per annum.
The tenant has five health centres in Rotorua including Ngongotaha and owns the market share.
The building at 357 sqm (more or less) and on land at 738 sqm (more or less) and built in 2009, has no seismic requirement from Rotorua Lakes Council.
Priced to sell at $1.15M, this investment opportunity provides a steady return of 4.7%.
Contact David Schmidt or Paul Sanford for more information.

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Main property features

 

 
 

Features

  • Approx Floor Area:

    357 sqm

     
  • Property Type:

    Industrial

     
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