Trophy waterfront investment


229 Lake Terrace, Waipahihi

By Negotiation

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Trophy waterfront investment | 229 Lake Terrace, Waipahihi | 2651348 |      X Close
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Trophy waterfront investment


- Clearwater Motor Lodge, land and buildings for sale, exceptional long term investment

- 35 year lease in place, commenced 30 March 2016

- Net rental $105,000pa plus GST

- Prime waterfront position on Taupo's Lake Terrace

- Zoning is High Density Residential

229 Lake Terrace is an exceptional opportunity for the long term investor to secure a prime location, right on the waterfront in one of Taupo's most sought after and tightly held tourism accommodation locations.

Clearwater Motor Lodge is a ten room motel complex comprising seven studio units, three one bedroom units and two bedroom owners accommodation. There is a thermal bore on site supplying hot water for the motel and also a plunge pool.

A very rare opportunity to secure an exceptional long term investment right on the waterfront on Taupo's Lake Terrace.

Tender closing at 12pm, Wednesday 20 February 2019 (unless sold prior)

44 Roberts Street, Taupo

Gary Harwood

Taupo

Licensed under the REA Act 2008

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229 Lake Terrace, Waipahihi

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Gary Harwood

Taupo

Licensed under the REA Act 2008

View profile