Lessor's interest - the perfect passive investment


1290 Amohau Street, Rotorua

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Lessor's interest - the perfect passive investment | 1290 Amohau Street, Rotorua | 1696653 |      X Close
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Lessor's interest - the perfect passive investment


• The ultimate passive investment - lessor's interest

• Ground lessor's interest in 2,870sqm high-profile site on main thoroughfare

• Ground rent income of $139,500 + GST p.a. with five-yearly reviews

• Well-established lessee - Kiwi Fuels Limited trading as Waitomo

A unique opportunity to secure the lessor's interest in a high-profile position, surrounded by other national and international retailers. The property benefits from a recently commenced ground lease to Kiwi Fuels Limited trading as Waitomo, one of New Zealand's biggest independent fuel suppliers. The property returns $139,500 + GST with five-yearly rent reviews.

Underpinned by a 2,870sqm corner site landholding, the ground lease structure presents a perfect opportunity for passive investors and land bankers looking to secure a prime site with consistent hands-off income.

Passive investments of this quality seldom become available in the current market, so invest and relax!

Call now for further information;

Damien Bullick

022 420 6845

Mark Slade

027 498 8911

Alan Haydock

021 532 121