Westbrook
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0
N/A
502sqm
3039sqm
Westbrook
Auction
Thursday 22nd June - 1pm
Motion Entertainment, Conference Centre, 346 Te Ngae Road, Lynmore, Rotorua
proundy marketed by
Rotorua, Success Realty MREINZ
EDUCATED INVESTMENT
• Total floor area of 502m² more or less, split into two separate tenancies. • Total land area of 3,039m² more or less Constructed in the 1980s as part of the shopping centre, later converted to three tenancies for a medical centre and pharmacy with owner occupier space and more recently renovated and leased in two parts as a private school/training facility and owner occupier dance studio at the rear of the building. The private school premises in the main frontage and body of the building comprises approximately 470.7m² more or less, which has been leased for a two year term with rights of renewal of $45,000 plus GST and 77% of the outgoings. The rear owner occupier space is approximately 153m² more or less plus the use of a separate w/c facility and including parking/access. There is a large courtyard area in which you access all the separate areas from.
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Upload by Deanna Onan
Central North Island Franchisee