Entertainment hub gem


18 Tuwharetoa Street, Taupo

Asking Price NZD $3,400,000 + GST (if any)

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Entertainment hub gem | 18 Tuwharetoa Street, Taupo | 2653766 |      X Close
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Entertainment hub gem


β€’ Located right in the heart of Taupo's CBD

β€’ Tuwharetoa Street is known as Taupo's entertainment centre with many bars, clubs, cafes and restaurants catering for locals and tourists

β€’ Zoning is Taupo Town Centre Pedestrian Precinct

β€’ Currently returning a net income of $170,000 p.a. + GST

The property comprises ground floor space of approximately 437.6sqm with street frontage on to Tuwharetoa Street which is utilised by two businesses plus a three bedroom residential flat and office on the first level.

With an IEP rating of 25% NBS, (report carried out in 2015, currently being updated), this property lends itself to re-development allowing the astute investor to secure a prime position right in the heart of Taupo's compact and tightly held CBD and enjoy a solid income while planning for the future.

The $20.6m Taupo Town Centre Transformation project is now underway and aims to transform our public places into spaces that attract people to spend time and invest in the town centre which will add a new vibrancy to our CBD making these opportunities even more attractive.

Call us to discuss this rare investment opportunity or to request a copy of the full Information Memorandum.

Gary Harwood

Taupo

Licensed under the REA Act 2008

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Lisa Christensen

Taupo

Licensed under the REA Act 2008

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18 Tuwharetoa Street, Taupo

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Gary Harwood

Taupo

Licensed under the REA Act 2008

View profile

Lisa Christensen

Taupo

Licensed under the REA Act 2008

View profile