237 Tauhara Road, Tauhara, Taupō

This Investment is a Gas!

Auction to be held at 5pm, Friday 14 October 2016 at Level 1-38 Roberts Street, Taupo (unless sold prior)

A substantial modern building housing a strong national tenant, with the up-side of an undeveloped portion of approximately 1200m2 offering potential to further add value to this Taupo opportunity.

The tenants are :On Gas, a subsidiary of Auckland based energy company Vector, who fill and supply bottled gas to the greater Central North Island, as well as supplying the adjacent service station.

Initial lease term of 10 years from 2010 with 2 terms of 5 years ROR.

Recent substantial improvements to their bulk holding tank facilities, add optimism to longer tenure.

There is a securely fenced, cobbled and sealed yard and truck parking area, with good ROW access for large vehicles. Within close proximity to the principal Taupo Industrial area and modern Ashwood Park Industrial development as well as providing easy access to the Eastern Arterial Bypass.

A sound investment property with further potential, and genuine owners looking for a result.