Motel, resort, rental housing, clinic?


64-66 Lake Terrace, Taupo

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Motel, resort, rental housing, clinic? | 64-66 Lake Terrace, Taupo | 1692143 |      X Close
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Motel, resort, rental housing, clinic?


Taupo Ika Nui is currently a timeshare situated on a prestigious corner site along Lake Terrace in the "adventure capital" of Lake Taupo. We are selling this unique and high quality property with vacant possession so you will get to decide on its future use. A new single Title will be issued on settlement.

Such uses may include a resort/motel, sell off units individually with management rights, sell off a lease and retain the freehold investment, run as a freehold going concern, let apartments to long term tenants, potential for community housing or clinic - all of course subject to Council Consent.

Taupo Ika Nui Resort location is considered advantageous given its close proximity to the retail, bars and restaurants in the town centre. Guests can also walk to the retail outlets including the local supermarkets.

There are 6 two bedroom units plus 22 one bedroom units - all self-contained. There is a large reception/lounge, offices, storage with the exceptional owners/managers 3 bedroom apartment above. The resort Units are on two levels basically taking a U shaped with central courtyard allowing view shafts for many of the upper units across the lake towards the mountains beyond. You will be impressed with the standard of maintenance.

This is a rare opportunity to purchase a substantial freehold investment along the lakefront with wonderful views across the lake and yet so close to the town centre.

For further information please contact the sole agents.

64-66 Lake Terrace, Taupo

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