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We had a fairly substantial amount of Bartercard Trade Dollars to spend and wanted to use most of them in the property market, after some consideration we decided to purchase a property that would provide income - not just long-term capital gain.

- Nikki Barrett
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Rotorua - Tenanted Commercial Offices


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RegionBay of Plenty
Property TypeCommercial
Asking Price $250,000
Trade Dollars $50,000
Cash Dollars $200,000
Price Notes
20% Trade
Sold Date11/09/2015
Vendors AgentCameron Owen
09 414 6837
cameron.owen@bartercard.co.nz
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Conditions
 
Tenanted Commercial Offices

A road frontage character house used as an office and located on a recently upgraded main arterial route close to the CBD.

Features:
  • Single level dwelling
  • Off street parking
  • Two heat pumps
  • Fluorescent lights in office areas
  • Security alarm and outside sensor lights
  • Bathroom with shower and toilet
  • Kitchen with dishwasher, cupboards, stove
  • Land area: cross lease - 1/3 share in freehold land (1406m2)
  • Building area: 100m2
  • Annual rent of $18,800 + GST (9.4% return on cash investment)
  • Tenanted until July 2016 with 2 rights of renewal (6 years each)
  • Located at 121 Lake Road, Rotorua


For more information please contact Cameron on 09 414 6837 or at Cameron.owen@bartercard.co.nz.

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Contact Us

Cameron Owen

09 414 6837