Hands free investments

961, Rakaunui Road, Town Centre, Taupo

By Negotiation

Proposed Usage
Industrial
Floor Area
965.00 m²
Land Area
8856.00 m²
Description:
Property ID
1c6s0m2

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

Enquire about this property

Town Centre Area