575sqm
floor area
726sqm
land area
Net income | Currently returning $170,000 p.a. + GST, with potential for re-development |
The building | Two level building comprising of ground floor commercial space plus a three bedroom flat and office on first floor |
The location | Tuwharetoa Street is known as the entertainment hub for Taupo with major retail outlets in same street such as Farmers |
• Located right in the heart of Taupo's CBD
• Tuwharetoa Street is known as Taupo's entertainment centre with many bars, clubs, cafes and restaurants catering for locals and tourists
• Zoning is Taupo Town Centre Pedestrian Precinct
• 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.
Licensed under the REA Act 2008
Mobile: +64 27 487 2304 |
Office: +64 7 376 0099 |
[email protected] |
Licensed under the REA Act 2008
Mobile: +64 27 499 9377 |
Office: +64 0 737 60099 |
[email protected] |
575sqm
floor area
726sqm
land area
Net income | Currently returning $170,000 p.a. + GST, with potential for re-development |
The building | Two level building comprising of ground floor commercial space plus a three bedroom flat and office on first floor |
The location | Tuwharetoa Street is known as the entertainment hub for Taupo with major retail outlets in same street such as Farmers |
18 Tuwharetoa Street, Taupo
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 487 2304 |
Office: +64 7 376 0099 |
[email protected] |
Licensed under the REA Act 2008
Mobile: +64 27 499 9377 |
Office: +64 0 737 60099 |
[email protected] |
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