Prime position in tourist hot spot!

210 Lake Terrace, Waipahihi

Asking Price NZD $2,800,000 + GST (if any)

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Prime position in tourist hot spot! | 210 Lake Terrace, Waipahihi | 2652389 |      X Close

Prime position in tourist hot spot!

• 12 unit motel, plus owners/managers accommodation for sale as a freehold going concern, business, land and buildings

• Prime high profile position on the corner of SH5 and Lake Terrace

• On site thermal bore heats the hot water for all units plus provides thermal water for plunge pools in each unit

• 2,466sqm (more or less) freehold land

• Rose Garden Cafe on site as an extra attraction to guests and casual custom

An extremely rare opportunity to secure one of Taupo's most high profile motel sites, situated on the corner of State Highway 5, which provides access to Hawkes Bay, and Lake Terrace which connects Taupo town to State Highway 1 and 5 from the North and South.

This property is situated right in the heart of Taupo's main accommodation zone, just across the road from the lake edge and in close proximity to cafes and restaurants.

There are 12 units comprising four studio units, three one bedroom units, five two bedroom units and the three bedroom owners/managers accommodation.

Call for a copy of the full Information Memorandum.

210 Lake Terrace, Waipahihi

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