94 Titiraupenga Street, Taupo, Taupo

A Learned Investment

This property consists of a well maintained, but original weatherboard house being used for tertiary education.

The tenants have been in residence for nearly 30 years, and have recently formalised a new lease with a 1 year ROR until December 2018 and giving the owners a net income of $24,700.00

There is a freehold section of 1124m². with the benefit of an extensive street frontage, and the potential really lies in the future development of the site as it is zoned commercial, but presently generating a good return.