SOLD
Bay of Plenty
0
0
N/A
514sqm
3224sqm
Bay of Plenty
proudly marketed by
Colliers Rotorua
All Lines Lead To This Property Te Ngae, Rotorua * $115,000 net income per annum * New five year lease with rights of renewal * 3,224sqm more or less site * Located opposite Rotorua's International Airport Combined Road Traffic Services at Eastgate Business Park. The office is the main office for administration staff for the Central Eastern Bay of Plenty. The north facing workshop has three high stud roller doors and is the main workshop for road marking and sign placement for the Eastern Bay of Plenty. Strategically placed next to Damar Industries Limited, on 3,224sqm more or less which is boundary fenced. Current contracts in place with New Zealand Transport Agency and local Councils, giving a prudent investor confidence in the tenancy. The building was constructed circa 2008. The lease term of five years from 8th October 2012 with four further rights of renewal of five years each with a final lease expiry of 7th October 2037 will give investors peace of mind.
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Upload by Deanna Onan
Rotorua