69 Paora Hapi Street, Taupo, Taupo

Owner occupiers, investors, developers take a look

• High profile site on the corner of Paora Hapi Street and Titiraupenga Street, Taupo
• Approximately 250 metres from the eastern fringe of Taupo's vibrant CBD
• 1113sqm (more or less) of freehold land - building on site currently used as boutique office space.
• Unique resource consent in place for a new office building current until 24 July 2022
• Variety of options - occupy, hold as an investment or re-develop.

Existing resource consent in place for a new office building valid until 24 July 2022 presenting an extremely rare opportunity for the forward thinking owner occupier, investor or developer to secure a prime re-development site to take advantage of future expansion of Taupo's business area.

69 Paora Hapi Street is currently leased as boutique office space providing a holding net income of $34,000.00 pa + outgoings + GST.

The lease has an early lease termination clause giving the new owner a variety of options to either occupy, hold as a long term investment or redevelop and maximise the value of this strategically located site.

Tenders close 12noon, Wednesday 6 November 2019 (unless sold prior)
44 Roberts Street, Taupo