Fringe Commercial Investment

44 Waikato Street, Taupo

Industrial For Sale

Negotiation    Tenanted Investment
Land Area: 1,821.00 m2.    Floor Area: 538.00 m2.    

Description

This property was built in the mid 90’s and is located in the commercial fringe precinct, known to locals as the trade retail area. This building stands out amongst its neighbour’s and other properties in the precinct due to its modern appearance and large yard. Low vacancy coupled with its close proximity to the CBD makes it a good investment as Taupo continues to expand.


The building has been well maintained by the Vendors who are coming to the end of their partnership.


Tenants and businesses in close proximity include Cory’s Electrical, Top Gear Cycles, Wallace Automotive and Taupo Radiators.

For sale by Deadline Private Treaty closing 4 December at 4pm (unless sold prior).

Features

  • Land area: 1821m²
  • Floor area: 538m²
  • Commerical fringe zone
  • National tenant

Occupants

Occupant Term Net Annual Income
J.A. Russell Limited 6 years from 30 June 2014; ROR 2 x 3 years $78,257.50

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