Mortgagee sale - Hinemoa Towers
Attention developers, investors, and owner-occupiers! Hinemoa Towers, Rotorua's tallest and most iconic commercial building, is now available under mortgagee sale, presenting a rare and compelling opportunity to acquire a prime CBD asset.
This imposing eight-level building offers 2,346sqm (more or less) of total floor area (net lettable approximately 1,996.96sqm) on a 336sqm freehold site. A key point of difference is that the majority of the tenancies consists of established telecommunication businesses on long term leases, with further value found in the north-facing office spaces, which boast exceptional natural light and breathtaking lake views.
With its unparalleled positioning and untapped potential, Hinemoa Towers is ideal for those looking to redevelop, grow their commercial portfolio or secure a landmark investment in Rotorua's commercial heart.
Act now"opportunities like this don't come around often!