153 Karetoto Road, Wairakei, Taupo

Storage shed complex + development opportunity

• 13,227sqm (more or less) freehold industrial zoned land
• Partially developed with secure storage shed complex consisting of 62 storage sheds and large workshop area
• Total Net income for the property - January 2019 to December 2019 - $102,981.92 per annum + GST

A unique opportunity to secure a substantial, partially developed industrial site producing a strong income stream from the established storage shed complex. There is room for significant further development on the bare land portion of the site, part of which is currently occupied on a casual monthly basis by a car wrecking business. MB Century and GNS Science Wairakei Research Centre are across the road and Wairakei Tourist Park is in close proximity with such attractions as Huka Prawn Park, Hukafalls Jet, Volcanic Activity Centre, Huka Falls Souvenirs, Huka Honey Hive, Rock'n Ropes, Water Sports Park and Shooters Golf Range.

Just 7.7km from Taupo CBD and with easy access from State Highway 5 and State Highway 1, this is a prime location for the existing business and future development.