• Currently leased as professional office space
• Flexible terms allow for vacant possession if required by owner occupier
• Net rental $38,000.00 pa plus GST
• Prime location - roughly a 350m walk to Taupo CBD
• High profile position with road frontage on to Horomatangi Street
• 1,012sqm (more or less) freehold site
• Zoning is KTHD
The building on site comprises reception area, three office spaces, meeting room, storage room, server room, kitchen, bathroom, outside office/storage room, deck and single garage. There is onsite parking with additional public street parking for clients and staff.
In close proximity to education facilities, accountants, insurance brokers, chiropractor, motels, backpackers and a variety of other professional office uses, an easy 350m walk or 600m by road to Taupo CBD and with the expansion of the CBD restricted to the North and West by the Waikato River and to the South by Lake Taupo this property is superbly positioned to take advantage of future growth of Taupo town.
Flexible lease terms allow the Landlord the right to terminate the lease with two months written notice, should the Landlord have an unconditional sale on the property subject to vacant possession, on the basis that such termination date shall not be earlier than 25 April 2026. The Tenant shall have the right to terminate the lease at any point during the renewed term by giving two months notice in writing to the Landlord.
Properties in this location very rarely come to the market offering a truly unique opportunity to secure an exceptional location with the KTHD zoning offering a range of potential redevelopment options for the future.
Call to request the detailed Information Memorandum and discuss this investment offering in more detail.
