•Two service tenants
•WALT of 7.8 years
•Built in 2017 | 100% NBS
•Built-in rental growth
Modern, well-located investments with secure long-term income are becoming increasingly hard to find in Rotorua. This quality Lynmore Junction investment combines an immediate net income of $84,190 per annum plus GST and outgoings with two complementary service retail tenants and a strong 7.8-year WALT, creating an opportunity that will appeal to investors seeking dependable income. Purpose-built in 2017 to 100% NBS, it offers confidence in both the quality of the asset and the durability of its income stream.
Lynmore Junction has established itself as a successful neighbourhood commercial centre, home to quality businesses including Motion Entertainment, BP Lynmore Junction and Hunting & Fishing. Motion Entertainment attracts approximately 30,000 visitors each month, generating consistent activity throughout the centre. The laundromat is also ideally positioned to service the large number of Airbnb properties throughout Lynmore, with the internationally renowned Whakarewarewa Forest attracting visitors to the area year-round.
Discover the value for yourself and be ready for Auction day.