- City centre freehold site - 594sqm
- Ground floor 418sqm | First floor 296sqm
- Three tenancies - month to month leases
- Ideal for strengthening, redevelopment, or investment
An opportunity to secure a freehold commercial site in the heart of Rotorua's city centre. This 594sqm landholding features a 418sqm ground floor and a 296sqm first floor, offering a versatile footprint for redevelopment or value-add investment.
Currently substantially underlet, the property comprises three tenancies on short-term leases, providing immediate holding income while unlocking future potential. With a New Build Standard (NBS) rating of 20%, investors and developers have the flexibility to strengthen, refurbish, or redevelop to maximise returns.