ICONIC LANDMARK SITE OFFERS RARE OPPORTUNITY

29, Tongariro Street, Town Centre, Taupo

$9,600,000

Proposed Usage
Retail
Floor Area
2166.00 m²
Land Area
3487.00 m²
Description:
Property ID
1br1c4r

- Multiple tenancies with sound tenure
- 3,487m2 of freehold land offering one of Taupo CBD's largest privately owned landholdings
- Net rental income of $661,752pa + GST
- High profile corner site
- Further vertical development opportunities exist
- Registered valuation of $9,600,000 carried out in February 2016, available upon request

The sale of the iconic CBD commercial property known as 'The Lake Hotel' site offers a rare opportunity for the discerning commercial investor to secure a prime site right in the heart of
Taupo's tightly held CBD.

Attractive rental returns, long-standing tenants and an opportunity to further capitalise on the development opportunities, makes this site an exciting investment..

Enquire about this property

Town Centre Area