Legacy Taupō investment opportunity
• First time offered to the market
• Freehold corner site of 1,012sqm (more or less) with strong exposure
• Three current tenancies delivering diversified income, net rental of $121,652.89 pa + GST
• Strategic location directly adjacent to the redeveloped Woolworths site
• Town Centre zoning with future upside
Offered for sale for the first time ever, this tightly held commercial investment has been owned by the same family for over 50 years since construction and represents a rare opportunity to secure a proven Taupō asset with strong fundamentals.
Positioned on a freehold corner site of 1,012sqm (more or less) at the intersection of Spa Road and Nukuhau Street, the property benefits from exceptional exposure along Taupō's main arterial route linking State Highway 1 to the Taupō CBD, located just a five-minute walk away.
Of approximately 560sqm, the building comprises of three current established tenancies, including a nationally recognised tenant alongside reliable long-standing occupiers, delivering a diversified and secure income stream. Zoned Town Centre and located directly adjacent to the redeveloped Woolworths site, the property offers both immediate cashflow and long-term upside.
A genuinely rare offering, reluctantly released as the vendors seek to pass this legacy asset to a quality long-term investor. Contact the agents to discuss this rare, long-held investment opportunity in more detail.
• Freehold corner site of 1,012sqm (more or less) with strong exposure
• Three current tenancies delivering diversified income, net rental of $121,652.89 pa + GST
• Strategic location directly adjacent to the redeveloped Woolworths site
• Town Centre zoning with future upside
Offered for sale for the first time ever, this tightly held commercial investment has been owned by the same family for over 50 years since construction and represents a rare opportunity to secure a proven Taupō asset with strong fundamentals.
Positioned on a freehold corner site of 1,012sqm (more or less) at the intersection of Spa Road and Nukuhau Street, the property benefits from exceptional exposure along Taupō's main arterial route linking State Highway 1 to the Taupō CBD, located just a five-minute walk away.
Of approximately 560sqm, the building comprises of three current established tenancies, including a nationally recognised tenant alongside reliable long-standing occupiers, delivering a diversified and secure income stream. Zoned Town Centre and located directly adjacent to the redeveloped Woolworths site, the property offers both immediate cashflow and long-term upside.
A genuinely rare offering, reluctantly released as the vendors seek to pass this legacy asset to a quality long-term investor. Contact the agents to discuss this rare, long-held investment opportunity in more detail.
Key features
Add value
Town Centre zoning supporting long-term flexibility and potential enhancement
Exposure
High demand area, located with prominent frontage onto Spa Road and beside the redeveloped Woolworths supermarket
Passing income
Net rental income of $148,124.89 pa + GST
Lease
Diversified occupancy, supported by four established tenancies, good split risk investment
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