Great little investment opportunity. This well-maintained retail unit in Arawa Street, has been leased to Copies Etcetera for several years and the current owners, who have owned the business since 2013, have uplifted their 3 year right of renewal this year. With an A grade seismic assessment, and returning $30,000 + GST net, this would kick off your investment portfolio nicely, or sit well among your other existing investment properties. Arawa Street is a developing area, with a new 5 star hotel to open soon, and another in the planning stages. It also offers easy access to the lakefront, Eat Streat, the tourist hub and Rotorua Hospital.
Ref #: 216468
- Contact our experts for details on this transaction