Standing Proud on Fenton Street
Bringing in $72,100 plus gst and OPEX of steady income for the landlord each year, this two storey 813sqm (net lettable area) building sits proudly on Fenton Street. Fully tenanted with great exposure to passers-by, Te Waiariki Purea Trust have been operating from the building since 2018. Situated on approximately 443sqm of freehold land, with four covered carparks to the rear, the building has brand new air conditioning and downstairs kitchen. Fenton Street is the main entrance into Rotorua CBD, leading towards the lakefront; with high levels of vehicle and foot traffic passing daily. Originally build circa 1960's and upgraded in the 1990's, this building is of a good standard, no problems with seismic issues, it is built to 75% of the New Build Standard.
Contact Bayleys today for further information.