1,158sqm
floor area
1,012sqm
land area
|
2:00PM |
Prince's Gate Hotel, 1057 Arawa Street, Rotorua
Floor area details | Ground floor 478sqm (more or less) First floor 534sqm (more or less) |
Occupancy | Ground floor currently occupied on a monthly tenancy, with an opportunity to occupy the whole property or just the first floor |
Parking | 12 on-site car parks |
Zoning | Commercial zoned City Centre 1 |
This building with a lettable area of 1012sqm on a freehold City Centre Zone 1 title offers an opportunity for investment. The ground floor tenant currently generates an annual net income of $46,399.93 + GST and outgoings on a monthly tenancy basis.
The the first floor, with a vacant area of 534sqm, presents an opportunity for further development or leasing. Additionally, the presence of 12 on-site car parks adds to the property's appeal. Considering its proximity to key attractions such as the Rotorua Village green, the Rotorua lakefront, Rotorua's Eat Street, Polynesian Spa, and the Energy Event centre, this property holds significant potential for growth and profitability.
Licensed under the REA Act 2008
Mobile: +64 27 498 8911 |
Office: +64 7 349 5360 |
mark.slade@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 397 919 |
Office: +64 7 349 5368 |
damien.keenan@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 242 7344 |
Office: +64 7 349 5362 |
brei.king@bayleys.co.nz |
1,158sqm
floor area
1,012sqm
land area
|
2:00PM |
Prince's Gate Hotel, 1057 Arawa Street, Rotorua
Floor area details | Ground floor 478sqm (more or less) First floor 534sqm (more or less) |
Occupancy | Ground floor currently occupied on a monthly tenancy, with an opportunity to occupy the whole property or just the first floor |
Parking | 12 on-site car parks |
Zoning | Commercial zoned City Centre 1 |
1066 Hinemoa Street, Rotorua
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 498 8911 |
Office: +64 7 349 5360 |
mark.slade@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 397 919 |
Office: +64 7 349 5368 |
damien.keenan@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 242 7344 |
Office: +64 7 349 5362 |
brei.king@bayleys.co.nz |
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