1,009sqm
floor area
5,855sqm
land area
|
12:00PM |
96 Ulster Street, Hamilton
Land area breakdown | Prime freehold land of 5,855 sqm in Rotorua's agricultural support services hub |
Lease | Modern 1,009 sqm building, built to 2014 standards, purpose build for Farm Source |
Passing income | Strong annual net rental of $217,947 with secure lease terms in place until December 2030 (including renewals) |
Zoning | Industrial zoning (IDZ1) in a high-demand location surrounded by key rural sector businesses |
Located in the heart of Rotorua's thriving agricultural services sector, this outstanding commercial investment offers both a high-profile position and a secure long-term tenancy. The 5,855 sqm freehold site boasts a modern, purpose built 1,241.5 sqm building constructed in 2014. With the current lease extending until 31 December 2027 and rights of renewal taking it through to 2030. The property returns a solid $217,947pa plus GST and outgoings.
The location is surrounded by notable businesses such as Farmlands, PGG Wrightson, and ABC Milking Solutions. It is the BOP regional hub for Fonterra and Farm Source and the centre of activity for rural and agricultural services in Rotorua. Zoned Industrial Zone 1 (IDZ1), positioned to continue serving the agricultural support sector while offering a solid return for investors. With all outgoings covered by the tenant, this investment promises excellent long-term gains.
Don't miss this exceptional opportunity to secure a prime asset in one of Rotorua's key commercial precincts, benefiting from an established tenant and a sought-after location.
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 21 242 7344 |
Office: +64 7 349 5362 |
brei.king@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 397 919 |
Office: +64 7 349 5368 |
damien.keenan@bayleys.co.nz |
1,009sqm
floor area
5,855sqm
land area
|
12:00PM |
96 Ulster Street, Hamilton
Land area breakdown | Prime freehold land of 5,855 sqm in Rotorua's agricultural support services hub |
Lease | Modern 1,009 sqm building, built to 2014 standards, purpose build for Farm Source |
Passing income | Strong annual net rental of $217,947 with secure lease terms in place until December 2030 (including renewals) |
Zoning | Industrial zoning (IDZ1) in a high-demand location surrounded by key rural sector businesses |
40 Marguerita Street, Fenton Park
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 21 242 7344 |
Office: +64 7 349 5362 |
brei.king@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 397 919 |
Office: +64 7 349 5368 |
damien.keenan@bayleys.co.nz |
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