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Taupō

77 Titiraupenga Street, Taupō, Taupō

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1,113sqm Land area SQM
572sqm Floor area

Quality location. Quality investment.


• Fully tenanted fringe CBD prime investment opportunity
• Net rental $180,000.00pa + GST and OPEX
• Superb location on Titiraupenga Street, the primary arterial route connecting the northern and southern precincts of Taupō town
• Approximately 571.63sqm building on 1,113sqm (more or less) of freehold land
• 100% NBS - initial evaluation procedure

Currently leased as professional office space, with ample on-site parking in a coveted location right on the fringe of Taupō's CBD with street frontage on to Titiraupenga Street.

Titiraupenga Street is the main connecting route from Spa Road on the northern fringe of Taupō town to Lake Terrace on the southern fringe of Taupō town attracting high traffic counts and providing excellent access from the town centre and residential catchments.

In close proximity there are national retail brands including Supercheap Auto and Chemist Warehouse, motels and professional offices demonstrating the diverse appeal of this location.

With the core CBD area constricted by the Waikato River to the north and west and Lake Taupō to the south, this location is the only direction the CBD can expand making this property perfectly placed to benefit from future expansion of the CBD area.

Contact the sole agents to request the detailed Information Memorandum and to discuss this offering in more detail.

For Sale by Negotiation
Gary Harwood

Gary Harwood


Westerman Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Lisa Christensen

Lisa Christensen


Westerman Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Anchor tenants


Currently leased as professional office space with two established occupants in place

Location


High profile position on the main arterial connection between the northern and southern Taupō town precincts.

Seismic (NBS rating)


100% NBS, Initial Evaluation Procedure (IEP) providing long-term confidence.

Zoning


Medium density residential, MRZ – PREC2 - KTHD