You'll be mad to miss this investment

9/500, Te Ngae Road, Owhata, Rotorua

By Negotiation

Proposed Usage
Retail
Floor Area
240.00 m²
Description:
Property ID
1c50z7m

• Annual rental $40,000 plus GST
• Three year lease with renewals to 2029
• 240m2 Freehold Unit Title
• ISA 'A' grade rating, 80% New Build Standard

Constructed in the 1980's this 240m2* shop within a multi-unit complex with tenant "The Mad Butcher" has been established here since 2002. Located alongside a great selection of complementary neighbouring tenants including Fruit Monster, a laundromat, Lotto Four Square, fish and chip shop and other convenience retailers. The Te Ngae Shopping Centre caters to the eastern suburbs of Rotorua, is on the main arterial route to the Port of Tauranga, the Eastern Bay of Plenty and South to Taupo, Eastern Rotorua is showing positive signs of growth with Motion Entertainment at Lynmore Junction and Texas Chicken recently opening on this side of town.

Enquire about this property

Owhata Area