Prime Retail With Huge Potential
Located on Taupo's busiest retail street sits this two-storey building and has seven car parking spaces, which are in high demand in Taupō. To the side of the building is pedestrian access to Horomatangi Street, being Taupō's second busiest retail street.
Historically there is low to no vacancy in the immediate area. Needless to say, the foot traffic is tremendous.
On the ground floor are two national tenants returning a net rental of $106,629.50 + GST p.a. The first floor of c.360m² has been completely cleared ready for the development for the "add value" buyer. There are concept plans for residential apartments (subject to resource consent) available upon request.
This property really does sit in the heart of Taupō's CBD and with the views from the first floor, this opportunity is not to be missed.
For more information, contact Lucy Baxter 022 0409 486.