• Prominent two-story landmark building in the heart of Taupō' s tightly held CBD
• Net rental $415,501.14 pa plus GST (and outgoings)
• Occupying a strategic corner site fronting on to Te Heuheu Street and Ruapehu Street
• Comprehensive refurbishment completed in 2022
• Seismic rating of 67%
44 Te Heuheu Street is fully leased to a mix of national brands and strong local tenants with seven tenancies, six ground floor retail tenancies plus first floor office space held under a single tenancy, offering the security of a quality split risk investment.
The building was significantly upgraded and modernised in 2022, including the majority of the building exterior re-clad, new double glazed windows fitted to the first floor, CO2 monitored ventilation system installed across all first floor office space and re-lining of the first floor interior being just some of the work carried out transforming this building into a visually attractive Taupō CBD landmark.
In December 2024 there was also a 37.7kw solar system installed to supplement the electricity usage of the first floor tenancy delivering greater energy efficiency, lower running costs and huge benefits to long term tenants seeking buildings that align with their ESG (environmental, social, governance) strategies.
This is a rare and exciting opportunity to secure a trophy asset right in the heart of Taupō’s vibrant CBD with the recent significant refurbishment offering the astute investor a quality long term investment.
Contact us to request the detailed Information Memorandum and learn more about this exceptional investment opportunity.
