Invest and rest -Passive investment opportunity
Invest in an outstanding passive investment opportunity that allows you to invest and rest. 51 Riri Street offers 65 storage units of various sizes, providing convenient storage solutions for businesses and individuals alike. With 34 external units and 31 internal units, clients have options to suit.
Located in Rotorua's western industrial area, this property is strategically positioned just off the main arterial route north. This means easy accessibility for clients and great exposure for your investment. Moreover, the 24-hour access ensures that clients can conveniently access their stored items whenever they need to.
The strong consistent occupancy rates of this property guarantee a stable and reliable income. With a return of $135,000 per annum, you can enjoy the benefits of passive investment while only dedicating 5 hours a week towards managing the property. This means you can have peace of mind while still reaping the financial rewards.
Spanning over 2475 square meters of freehold land, this industrial property offers ample space for storage and potential future expansion. The total building area of 1144 square meters ensures that there is plenty of room to accommodate a wide range of storage needs.
Don't miss out on this opportunity to secure your financial future. Invest in this industrial property today and enjoy the benefits of a passive investment that guarantees strong returns. Contact us now for more information and to arrange a viewing.