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Fenton Park
Rotorua
Eastside Extravaganza Investment
*Two titles being sold together
*Large freehold land totalling 3,929sqm
*Storage complex with multiple tenancies on one title
*Single tenancy - Waiariki Film Studios on one title.
*Current total income of $233,688.98 plus GST per annum
A substantial landholding in a popular Rotorua Eastside Industrial location, White Street, the closest industrial pocket to the CBD. This freehold site comprises a total of 3,929sqm of land in two titles, with upwards of 3,206sqm of total building floor area. 74-76 White Street has been occupied by a single tenancy, Waiariki Film Studios, bringing in $112,460p.a. since 1 September 2020; and the adjacent property 78-80 White Street is developed into an easy to manage storage facility with 46 storage units, currently with an income of $121,228.98p.a. The storage complex could be extended through to the adjacent property in future if required. Well maintained and updated, this property is coming to the market after 19 years in the family for 78-80 White Street while 74-76 White Street was added to their portfolio in 2017.
Agents
Mark Slade
Rotorua, Success Realty MREINZ
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Mark originated from Timaru, where his family has a tradition in the Real Estate Industry.
Before moving to Rotorua in 1993, Mark completed a Bachelor of Commerce Degree, majoring in valuation and property management at Lincoln University and after the required experience gained the title MREINZ. Mark went on to managing and owning, in conjunction with business partners, several Real Estate sales companies. "Bayleys" being the dominant brand.
Together with his wife Denise and their two sons, they own several investment properties and their family enjoys many leisure activities that Rotorua has to offer, including fishing, mountain biking and boating. Mark is further involved with the community, as a committee member of the "Rotorua Property Investors Association" and the local "Mid Island Gymnastics Association"
Commercial and Industrial has been Mark''s passion since his move to Rotorua, and more recently his knowledge and experience has extended into the sale of Motels, Holiday Parks and a variety of business transactions.
Mark is committed to his clients and is always enthusiastic and driven by the thrill of helping people achieve their Real Estate goals!
read moreBrei Gudsell
Rotorua, Success Realty MREINZ
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
As an agent representing one of the country's most dynamic real estate brands, you can rely on Brei Gudsell to deliver the utmost professionalism and dedication to achieve all of your commercial real estate needs. From your very first meeting to the final closing, Brei provides the best-in-class service to help you with your real estate transactions. Equipped with the finest tools and technology, and industry know-how, Brei will guide you through every step of the process.
Brei returned to Rotorua in early 2016 to pursue an interest in commercial real estate. She holds a business degree in financial economics and previously worked as a research analyst for Bayleys head office, Auckland. During her tenure as a commercial agent with Bayleys Rotorua, Brei has been involved in a diverse array of transactions. Her grasp for business has laid the foundation for her success. Brei prides herself on best of practice marketing techniques. Her core values are based on honesty, determination and diligence. She has strong interpersonal and problem solving skills.
My focus is on building and retaining client relationships.
Brei has the acumen that any business owner or client can appreciate when dealing with commercial
real estate. She successfully delivers value-added marketing, analytical data and strong negotiation skills that engender trust and achieve positive outcomes. Her real estate services are tailor-made and the data she compiles allows clients to make informed decisions.
Brei works with all aspects of commercial real estate and has a track record for closing deals from small business opportunities to multi-million dollar transactions.
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