29 Tongariro Street, Taupo, Taupo

Iconic landmark site offers rare opportunity

- Multiple tenancies with sound tenure
- 3,487m² of freehold land offering one of Taupo CBD's largest privately owned landholdings
- Net rental income of $661,752pa + GST
- High profile corner site
- Further vertical development opportunities exist
- Registered valuation of $9,600,000 carried out in February 2016, available upon request

The sale of the iconic CBD commercial property known as 'The Lake Hotel' site offers a rare opportunity for the discerning commercial investor to secure a prime site right in the heart of
Taupo's tightly held CBD.

Attractive rental returns, long-standing tenants and an opportunity to further capitalise on the development opportunities, makes this site an exciting investment.