29 Tuwharetoa Street, Taupo, Taupo

Lucrative development potential

• 1,102sqm (more or less) of bare freehold land for sale in Taupo CBD
• Consent in place for hotel development comprising of six levels plus basement car parking
• Road frontage on to Tuwharetoa Street, excellent position in the town centre on the sunny side of the street with access from service lane to rear of site
• Zoning is Taupo Town Centre Pedestrian Precinct

An exceptionally rare opportunity to secure a prime bare land site in Taupo's tightly held CBD. With the $25m Taupo Town Centre Transformation project now completed the town centre has been reinvigorated encouraging more concentrated pedestrian activity in this area.

The Lake Taupo region is one of the top tourism destinations in New Zealand with Tuwharetoa Street being the entertainment hub of Taupo with many clubs and restaurants attracting locals and both national and international tourists to the area.

Just one street back from Taupo's lakefront, with a walkway connecting this site to the lakefront and the main retail area in the CBD, this site provides an extremely rare opportunity to secure prime position for future development.

With a consent in place for a six-level hotel plus basement car parking offering one of many future development options - this an opportunity not to be missed by the astute investor / developer. Call to request the detailed Information Memorandum and discuss the extraordinary investment offering here in more detail.