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One Agency Property Team, (Licensed: REAA 2008)

1245 Haupapa Street, Rotorua

Price by negotiation

Listing Description

Listed: Fri, 6 Mar

High-Quality, Tenanted, Split-Risk Investment

1245 Haupapa Street, Rotorua, Bay Of Plenty

Details

  •   606m² Floor
AttributeValue
Property use
Retail
Agency reference
RT260203

Description

A tantalizing commercial investment opportunity in Rotorua’s most strategic corner, where visibility, accessibility and a proven income stream come together. Property highlights

  • Net income: $114,114 plus GST
  • Building 606sqm land 339sqm (approx.)
  • Seismic performance: 50% NBS rating, offering a solid, resilient base for a diverse investor
  • Tenant mix: Four professional tenants for a balanced, split risk profile
  • Location: Prominent corner position at Amohia Street and Haupapa Street, delivering maximum exposure
  • Tenants include: Bay Audiology, The Pain Doctor, Lakeview Dentist and Cheal Consultants
  • Refurbishment: Recently upgraded with a roof replacement and a premium A-grade fitout throughout
  • Ownership history: Present owner has held the property since 2012, enjoying its financial rewards and consistent performance
  • Opportunity: A ready-to-income asset with a solid foundation and potential for further value enhancement under new ownership Why this property stands out
  • Prime corner site in a high-traffic area, offering excellent signage, accessibility and customer convenience
  • Diverse, professional tenant lineup reduces risk and enhances long-term lease security
  • Recent refurbishment ensures modern facilities, appealing aesthetics, and low immediate capex
  • Solid historical income with room to grow, presenting an attractive baseline for a new owner to capitalise on market dynamics
  • Investment proposition
  • A well-balanced, low-maintenance commercial asset that combines reliable cash flow with robust growth potential
  • Ideal for portfolio expansion, self-managed investments, or a strategic entry into Rotorua’s vibrant commercial market

Time for a new owner to reap the rewards. If you are seeking a high-quality, income-generating asset in a premier Rotorua location, this property is a compelling choice. For more information, to arrange a viewing, or to discuss terms, contact us today.


Property Files

David Schmidt

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One Agency Property Team, (Licensed: REAA 2008)

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