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Te Ngae

9/500 Te Ngae Road, Te Ngae, Rotorua

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240sqm Floor area

Motivated Vendor- Price reduced!


- Situated in a well utilised suburban shopping complex
- 240sqm Floor Area - 80% NBS
- Net rent $44,857.20pa + GST (7% yield)
- New 6 year lease commencing 1 July 2025
- Two further ROR of 3 years each
- Annual CPI with market rent reviews every 3 years

Unlock the potential of this high-profile commercial space in the well-established Te Ngae Shopping Centre, located on Rotorua's fast growing eastern side on SH30, a key arterial route linking Rotorua to Mount Maunganui and Whakatāne. This 240sqm unit-title property is ideal for investors looking for a future proof investment with a national brand tenant.

Asking Price NZ$640,000 + GST (if any)
Damien Keenan

Damien Keenan


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

Brei King


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

Mark Slade


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

Features

Available


New 6 year lease commenced 1st July 2025

Floor area details


240sqm of retail space occupied by the Mad Butcher

Location


Located in the Te Ngae Shopping centre

Seismic (NBS rating)


80% NBS