Trophy Investment - Lake Taupo
$3,150,000 Plus GST (if any)
56 Lake Terrace Taupo View map
Listing # 2650049 Listed 9 Nov 2016
About this property
Price $3,150,000 + GST (if any)
• 25 year lease term in place - expiry 30 September 2041
• Net rental of $140,000 plus GST pa
• 1695m2 freehold land with 15 Unit motel & three bedroom owners accommodation
• Prime location, 250 metres from Taupo's vibrant CBD and just across the road from the lake edge with unobstructed views across Lake Taupo to Mt Ruapehu
• Built over two titles, one with frontage onto Lake Terrace zoned High Density Residential. The second with frontage onto Roberts Street zoned Retail Expansion Precinct.
An exceptional and extremely rare opportunity to secure a prime long term investment with exciting development options for the future in one of the most sought after and tightly held lakefront positions in Taupo's main tourist accommodation area.
The property is within easy walking distance to Taupo CBD and the lake edge with street frontage onto Lake Terrace and Roberts Street where you are in close proximity to national brands such as Briscoes, Liquor King, Burger King and McDonalds.
Investment properties of this calibre rarely become available.
* Data provided by National Broadband Map
Commercial for Sale Hotel Motel Leisure
- 400 m2 Floor