116-118 State Highway 1, Waitahanui, Taupo

Iconic property, lakefront position

• Leased and trading as Waitahanui Lodge - final expiry 31 March 2024
• Iconic property and absolute lakefront position
• Development opportunities for commercial or residential dwellings
• Double section property with two existing entranceways onto SH 1

This property offers multiple options for the astute investor; continue with the current tenants, run as an owner occupier, or develop this absolute lakefront property. This iconic property is currently being run as Waitahanui Lodge, a classic Kiwi bach experience. There are five standalone cottages with two of those being on the waterfront with a boat ramp plus barbeque area and a rustic outdoor, covered room for socialising. On the roadside of the property is the well-known fishing shop, handy for guests and locals alike.

Quaint three-bedroom tenant's accommodation with an adjoining shop at the front of the property.

Located approximately 15 minutes from Taupo's CBD and roughly eight minutes from the new Countdown at the Kokomea Village Centre plus the new development of The Landing, which includes Café Lacus and Mavericks, is just a short six-minute drive away.

116-118 State Highway 1, Waitahanui is positioned on the lakefront, the ideal setting for the Waitahanui Lodge. As well as being a short drive from Taupo and all its amenities, Turangi is approximately 30 minutes away and National Park just over an hour away.

Situated in the Central Plateau, this region offers a wealth of outdoor activities from fishing the famous Waitahanui River, taking on the Tongariro Crossing to the more adventurous ski diving, river rafting or bungy jumping.

Call to discuss this iconic property investment and to request a copy of the full Information Memorandum.