Iconic landmark site offers rare opportunity


29 Tongariro Street, Taupo

Asking Price NZD $9,600,000 + GST (if any)

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Iconic landmark site offers rare opportunity | 29 Tongariro Street, Taupo | 2511146 |      X Close
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Iconic landmark site offers rare opportunity


- Multiple tenancies with sound tenure

- 3,487m² of freehold land offering one of Taupo CBD's largest privately owned landholdings

- Net rental income of $661,752pa + GST

- High profile corner site

- Further vertical development opportunities exist

- Registered valuation of $9,600,000 carried out in February 2016, available upon request

The sale of the iconic CBD commercial property known as 'The Lake Hotel' site offers a rare opportunity for the discerning commercial investor to secure a prime site right in the heart of

Taupo's tightly held CBD.

Attractive rental returns, long-standing tenants and an opportunity to further capitalise on the development opportunities, makes this site an exciting investment.

Gary Harwood

Taupo

Licensed under the REA Act 2008

Mobile: +64 27 487 2304
Office: +64 7 376 0099
gary.harwood@bayleys.co.nz
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29 Tongariro Street, Taupo

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Gary Harwood

Taupo

Licensed under the REA Act 2008

Mobile: +64 27 487 2304
Office: +64 7 376 0099
gary.harwood@bayleys.co.nz
View profile