Hands free investments
961, Rakaunui Road, Town Centre, Taupo
- Proposed Usage
- Floor Area
- 965.00 m²
- Land Area
- 8856.00 m²
- Property ID
Located in the heart of the Taupo heavy industrial area is this hands-free investment opportunity. Still in the original owner developers ownership the time has come to downsize their property portfolio.
A sound simple industrial style building with a seismic assessment showing 75% NBS.
The property is split into two separate tenancies with good leases in place. The larger of the two tenants, being well known and respected company, Porter Hire, have just re-newed their lease agreement giving future certainty.
The second tenant is Lakeland Excavators, a local expanding contracting company.
Long term, the size of the property offers further development potential with the present low site coverage.
An attractive and relatively affordable, simple hands free investment opportunity.
Auction to be held at 5pm, Friday 18 October 2019 (unless sold prior)
Level 1-38 Roberts Street, Taupo