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Listed 2 days ago

ID#583176

72 Tallyho Street,

Mangakakahi

Rotorua
Auction
363
(3,907.3 sq.ft.)
2,484
(26,737.53 sq.ft.)

Auction

Thursday 5th Dec
12.00pm
proudly marketed by
Mark Rendell
Colliers Rotorua
Mark
+64 27 225 6275
Message Me

INDUSTRIAL INVESTMENT PACKAGE - ONE OR TWO OPTIONS

One - or two - tempting investment offerings here in the industrial heartland of Mangakakahi:
67 Riri Street offers an excellent investment opportunity. There are two workshops - one occupied by Omega Aluminium 315m² workshop and office of 56m², with an expired lease on a month-by-month lease understanding. Hikoi NZ Limited is in the 487m² workshop, original lease signed in 2014 and a new lease agreement from 1 December 2022- 2024 with 2 further rights of 2 years, final expiry November 2028. They have added improvements to the building at their sole cost.
72 Tallyho Street is a split risk investment opportunity - with upside. There are currently three tenancies - front tenant is AWF, with a new 3 year term from March with market rent reviews and final expiry in February 2032, Field Engineering occupy the 108m² building and also lease Unit B of the rear shed for storage on a month-by-month lease agreement. Rotorua Powder Coating leases Unit A (23.5m²) for storage month by month.
Both properties are available for sale - either individually or as one parcel.
Call Mark to discuss the options and to schedule a viewing.

Features:

Opportunity for rent growth
Popular central industrial location
Purchase one or both
More information: https://www.colliers.co.nz/p-NZL67031464

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Agent

Mark Rendell

Colliers Rotorua

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

I am a qualified plumber who always had a real passion and drive for Real Estate.

In 2007 I made the decision to follow my heart and pursue my dreams, for the last several years I have been the leading commercial & Industrial property broker in Rotorua

I am absolutely passionate about what I sell. I have developed excellent relationships with my customers through applying my interpersonal skills and exceeding expectations by identifying and implementing customer-centric solutions.

Sales Management

Experienced in developing strategies to address my customer’s key requirements and concerns. I build confidence in my portfolio through applying my knowledge and experience to match my customers needs

Customer Focus

Adept at understanding issues from my customer’s perspective. I listen carefully to my customer and consider what is the best solution for them

Building Trust

Treat people with respect. I operate with integrity, ensuring that I always keep my promises and commitments within agreed timeframes.

Communication

Exceptional communication skills with which I am able to articulate ideas, rationales and points logically and succinctly to all stakeholders, customising the medium to the audience as required.

Commercial Acumen

I have established strong levels of commercial acumen throughout my career and have the ability to readily identify areas for business development.

I’m very excited about developing and expanding business with Colliers Rotorua International.

With my local knowledge and experience alongside Colliers’ extensive and specialised national networks, we will take Rotorua’s commercial property market activity to a new level..

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This property was photographed by

Deanna Onan

Media Specialist

Rotorua

ID#583176

72 Tallyho Street,

Mangakakahi

Rotorua
Auction

Auction

Thursday 5th Dec
12.00pm
proudly marketed by
Mark Rendell
Colliers Rotorua
Mark
+64 27 225 6275
Message Me

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