Taupo
61 Spa Road, Taupo, Taupo
+6
Optimal redevelopment location
Auction to be held at 3pm, Wednesday 10 July 2024 (unless sold prior)
44 Roberts Street, Taupo
• High profile corner site - corner of Spa Road and Ruapehu Street
• Zoning is Taupo town centre pedestrian precinct
• Land area of 902sqm (more or less)
• Prime redevelopment site
• Current net income $35,000.00pa plus GST (lease expires November 2025)
61 Spa Road is an absolutely prime site on the corner of Spa Road and Ruapehu Street, with Spa Road being the main arterial connection between the East Taupo Highway, now State Highway 1 and Taupo CBD and Ruapehu Street one of the main internal arterial connections between Lake Terrace on the southern end of Taupo CBD and Spa Road to the northern end of Taupo CBD providing high visibility and excellent access for this prime site.
This site presents an extremely rare opportunity as a redevelopment option in such a high profile prime location with holding income from the current tenant until November 2025, when the lease expires, giving time to have plans drawn and ready to go when vacant.
Call to request the full Information Memorandum and discuss the redevelopment offering here in more detail.
Gary Harwood
Westerman Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Lisa Christensen
Westerman Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Add value
Take advantage of the prime redevelopment opportunity
Passing income
Lease in place with a final expiry of 30 November 2025
Prime frontage
High profile with high visibility on the corner of Spa Road and Ruapehu Street
Zoning
Taupo Town Centre Pedestrian Precinct
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Property files
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