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Prime light industrial opportunity

9 Gilltrap Street, Mangakakahi

Industrial Buildings
gavel

Auction

Floor area
515m2
Land area
809m2
Title type
Freehold
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Auction

Tuesday
2:00pm
Princes Gate Hotel, 1057 Arawa Street, Rotorua
10
Mar

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Property details

Listing # 2451642 | Listed on 4 February

Positioned within Rotorua’s tightly held Western Industrial precinct, 9 Gilltrap Street presents an outstanding opportunity to secure a quality, income-producing commercial asset in a proven location.
The property is fully leased to a well-established national electrical supply company, providing investors with a secure and reliable income stream. The tenant is currently in the second of two three-year terms, with a further right of renewal in place, extending the lease through to 2030. The property generates a strong annual net income of $67,672 + GST.
The building itself is functional and well presented, offering a practical mix of office, retail showroom and warehouse accommodation. Excellent street frontage enhances exposure and accessibility, further supporting long-term tenant appeal.
Industrial properties in this location are rarely brought to market, making this a compelling investment opportunity in one of Rotorua’s most established commercial hubs.

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