Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Rotorua Central

1291-1293 Tutanekai Street, Rotorua Central, Rotorua

Watchlist
Share
304sqm Floor area

National tenant plus seismic strength


Positioned in the heart of Rotorua's vibrant CBD, 1291-1293 Tutanekai Street presents a compelling entry-level investment with established national tenant Dollar Dealers anchoring the property. The modernised premises span approximately 304sqm over two adjoining leasehold titles, currently configured as one retail store but historically operating as two shops, offering future flexibility to split and diversify income streams. The building has been strengthened to 68% NBS, providing confidence around seismic performance and tenant appeal, and the current occupier has invested significantly in fit-out, underscoring their commitment to the site. Returning $28,495 per annum plus GST and outgoings, this well-located retail holding sits on long-term ground leases and will be sold by Auction, presenting an affordable opportunity to secure a CBD investment with upside and adaptability.

• Returning $28,495 per annum plus GST and outgoings
• Established national tenant, Dollar Dealers, with significant investment into the fit-out
• Modernised retail premises strengthened to 68% NBS, supporting tenant confidence
• Previously configured as two separate shops, offering potential to split and diversify income

Auction
(unless sold prior)

Princes Gate Hotel, 1057 Arawa Street, Rotorua

21
Apr

Time2pm
Calander
Calendar
Brei King

Brei King

Commercial, Industrial and Investment Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Damien Keenan

Damien Keenan

Retail, Commercial and Tourism Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Rent review


Returning $28,495 per annum plus GST and outgoings

Anchor tenants


Established national tenant, Dollar Dealers, with significant investment into the fit-out

Seismic (NBS rating)


Modernised retail premises strengthened to 68% NBS, supporting tenant confidence

Add value


Previously configured as two separate shops, offering potential to split and diversify income

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.