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High-Quality, Tenanted, Split-Risk Investment

1245 Haupapa Street, ROTORUA

Retail Property
dollar

Negotiation

Floor area
606m2
Land area
339m2
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Map

Property details

Listing # 7297968 | Listed on 6 March

A tantalizing commercial investment opportunity in Rotorua’s most strategic corner, where visibility, accessibility and a proven income stream come together.
Property highlights
• Net income: $114,114 plus GST
• Building 606sqm land 339sqm (approx.)
• Seismic performance: 50% NBS rating, offering a solid, resilient base for a diverse investor
• Tenant mix: Four professional tenants for a balanced, split risk profile
• Location: Prominent corner position at Amohia Street and Haupapa Street, delivering maximum exposure
• Tenants include: Bay Audiology, The Pain Doctor, Lakeview Dentist and Cheal Consultants
• Refurbishment: Recently upgraded with a roof replacement and a premium A-grade fitout throughout
• Ownership history: Present owner has held the property since 2012, enjoying its financial rewards and consistent performance
• Opportunity: A ready-to-income asset with a solid foundation and potential for further value enhancement under new ownership
Why this property stands out
• Prime corner site in a high-traffic area, offering excellent signage, accessibility and customer convenience
• Diverse, professional tenant lineup reduces risk and enhances long-term lease security
• Recent refurbishment ensures modern facilities, appealing aesthetics, and low immediate capex
• Solid historical income with room to grow, presenting an attractive baseline for a new owner to capitalise on market dynamics
• Investment proposition
• A well-balanced, low-maintenance commercial asset that combines reliable cash flow with robust growth potential
• Ideal for portfolio expansion, self-managed investments, or a strategic entry into Rotorua’s vibrant commercial market

Time for a new owner to reap the rewards. If you are seeking a high-quality, income-generating asset in a premier Rotorua location, this property is a compelling choice. For more information, to arrange a viewing, or to discuss terms, contact us today.


Agency Reference: RT260203

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