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Valued Long Term Investment - For Sale Land & Buildings

Atiamuri, 6581 State Highway 1

$545,000 Plus GST (if any)

  • Listing Number: RT070615
Property Information
Multiple Buildings Freehold Land 7150 m²
- Currently tenanted with long term lease
- First building includes a cafe and takeaway, off-license, on-license bar and large function area. Also with a two-bedroom managers accommodation.
- Second building is the accommodation block with ten double rooms, kitchen, lounge and separate female/male and disabled bathrooms

Situated on State Highway 1, north of Taupo, this large facility is being upgraded by the current tenant to enhance a long-term customer business. Commercially zoned with a freehold title and a current lease of 4 x 5 years which commenced on 1st May 2016. The rent review is due this July. The large site also has future development opportunities it being on NZ's main State Highway and located in the central North Island tourism area. Viewing is by appointment only with an opportunity to discuss the future with the current tenant.

Call Paul Sanford for further details on this exciting tenanted investment.
Approx Floor Area580 sqm
Land Size7150 sqm
TenureFee Simple
Property TypeTourism / Motel / Hotel, Tenanted Investment

Contact Details

Corner of Whakaue and Rangiuru Streets
1182 – 1204 Whakaue Street, Block C, Ground floor
Office website

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