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Twenty-four seven proven performer

358 Te Ngae Road, Owhata

Investment Opportunities
gavel

Auction

Floor area
512m2
Title type
Unit Title
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Auction

Tuesday
2:00pm
Princes Gate Hotel, 1057 Arawa Street, Rotorua
28
Oct

Map

Property details

Listing # 2451577 | Listed on 25 September
  • Annual income of $113,679.59 plus GST and outgoings.
  • Zoned Industrial 1E with 100% NBS rating
  • Modern construction built in 2017 with concrete tilt slab
  • Located within Lynmore Junction development alongside Hunting and Fishing, BP and Motion Entertainment
  • 246 common shared carparks available

This is a strong, hands-off investment anchored by Flex Fitness, a well-established national brand operating a 24/7 premium training facility. The lease is underpinned by Active Action Ltd taking a secure three year right of renewal out to 31 August 2028, plus rights of renewal, ensuring consistency of income.
The property itself was constructed in 2017, providing a low-maintenance and modern asset with seismic strength (100% NBS). Positioned within the sought-after Lynmore Junction development, it benefits from excellent tenant synergy and high customer traffic, with A-grade neighbours including Hunting & Fishing, BP, and Motion Entertainment—the largest indoor activity hub in New Zealand.
With proven performance, a secure lease structure, and a strategic location, this property represents an outstanding opportunity for investors seeking quality and certainty.

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