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Taupo

1, 2 and 3, 54 Pihanga Street, Taupo, Taupo

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2ย Bedrooms
1ย Lounges
1ย Bathrooms
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Calling property investors


Discover an astute investment opportunity with strong development potential through unit title subdivision. These well maintained ground-floor flats deliver a solid $62,000 annual return under the professional management of Westerman Property Solutions. While the units feature classic styling, their prime location near town centre ensures consistent tenant demand. In today's diverse investment* landscape, real estate continues to stand as a proven performer, offering the dual benefits of rental income and capital growth. Taupo's expanding economy, powered by thriving dairy operations, established forestry sector, flourishing tourism, and emerging geothermal energy projects, positions this property to capitalize on increasing rental demand in the region.

*Subject to the property complying with the Residential Tenancies Amendment Act 2020, effective 1 July 2019 for the purposes of a rental investment.

Asking Price NZ$1,000,000
Mike Toothill

Mike Toothill

Residential, Waterfront and Lifestyle Sales

Westerman Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Opportunity


Get into rentals

Construction


Low maintenance construction for easy care

Investment


With Taupo growing as a town these are gold

Garden


Small easy care gardens

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