Lynmore
PU 8, 352 Te Ngae Road, Lynmore, Rotorua
+13
Long-term income. Prime location.
•Two service tenants
•WALT of 7.8 years
•Built in 2017 | 100% NBS
•Built-in rental growth
Modern, well-located investments with secure long-term income are always in demand. This quality Lynmore Junction investment delivers exactly that, with two established service tenants, a strong lease profile and built-in rental growth already secured. Returning $77,618 + GST and outgoings per annum, the income increases to $80,904 from 1 March 2027 and $84,190 from 1 March 2028.
Lynmore Junction is an established neighbourhood commercial hub, home to successful businesses including Motion Entertainment, BP Lynmore Junction and Hunting & Fishing. Motion Entertainment attracts approximately 30,000 visitors each month, generating consistent activity throughout the centre. The laundromat is also ideally positioned to service the large number of Airbnb properties throughout Lynmore, with the internationally renowned Whakarewarewa Forest attracting visitors to the area year-round.
Discover the value for yourself and be ready for Auction day.
Brei King
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Slade
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Damien Keenan
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Two established tenancies currently returning $84,190pa
Seismic (NBS rating)
Built in 2017 with a 100% NBS rating
Location
Located in Lynmore Junction, home to quality businesses including Motion Entertainment, BP fuel and Hunting & Fishing
Manager
Body Corporate provides management of common areas
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