Bayofplentypropertyforsale

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.