Must Sell Light-Industrial
38,, 40 & 44 Nukuhau Street, Lake Taupo, Taupo
Price On Application
- Proposed Usage
- Floor Area
- 1196.00 m²
- Property ID
Enquire about this property
This is a fantastic opportunity to purchase three units in one of Taupo’s prime commercial locations. Built in the late 1980’s, this building is seismically A Grade. With concrete block firewalls between the units and steel columns and roof beams, the property is built to last. There are concrete floors and a rear wall of timber framing and steel cladding. With a potential net rental of $159,400 per annum, this affordable investment will look great in any portfolio.
The anchor tenant is a national plumbing supplies operator with a right of renewable exercisable in March 2021. The newly renovated showroom and excellent warehousing set up looks fantastic and works well for the tenant.
A nearby supermarket uses one of the units for storage, the accessibility and convenience of the unit are the strengths here. Owner occupiers take note, one of the units is ready to house business, you could be your own landlord. Professional landlords are taken care of with a 12 month rental guarantee on the vacant space.
With other markets overheated, the steady and stable Taupo market will show investors strong returns. It is rare for affordable properties such as these to come to the market, now is the time to take act and secure this brilliant piece of real estate.