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ID#515040
1144-1152 Pukaki St,
Rotorua City
Rotorua
$6,245,000
3,663m²
(39,428.17 sq.ft.)
1,711m²
(18,417.03 sq.ft.)
proudly marketed by
Mark Slade
Rotorua, Success Realty MREINZ
Split risk investment - 7.5% Yield in Rotorua CBD
Don't miss out on this exceptional opportunity in the Rotorua commercial market. We are proud to present a rare offering of a large, high-quality office complex known as the Pukaki Centre. With a net income of approximately $470,962 +GST per annum, this property is a proven passive performer with the added bonus of a potential Vendor funding option for an approved purchaser.
The Pukaki Centre is a five-level purpose-built office building, centrally located and easily accessible with dual lifts. Built in 1989, it boasts a B grade Seismic rating of 70% to the new build standard. The building includes covered first-floor parking for eleven vehicles, as well as thirty uncovered open carparks on the western boundary.
Situated on two adjoining freehold titles, this prime property is in the heart of Rotorua's central business district, known for its office accommodation. It is professionally managed by Bayleys, ensuring a smooth and efficient investment experience.
The Pukaki Centre is home to reputable tenants, including government departments such as the Ministry of Education and Lakes District Health Board, as well as the esteemed Rotorua Crown Solicitors Gordon & Pilditch.
If you are a discerning investor seeking a superb split-risk investment asset, look no further. Do not hesitate to contact a member of our project team to arrange a viewing of this fantastic property. Seize this opportunity before it's gone!
Location
Agent
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 moreThis property was photographed by
Deanna Onan - Central NI
Central North Island
ID#515040
1144-1152 Pukaki St,
Rotorua City
Rotorua
$6,245,000
proudly marketed by
Mark Slade
Rotorua, Success Realty MREINZ