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Taupo

19 Tamamutu Street, Taupo, Taupo

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2,278sqm Floor area
2,997sqm Land area SQM

Asking Price NZ$9,990,000 + GST

 (if any)

Split-risk investment with impressive income


• Suncourt Plaza is one of Taupo's largest single CBD holdings with approximately 2,278sqm of lettable space on 2,997sqm (more or less) of freehold land
• 100% occupancy with 21 tenancies providing a significant split risk investment
• Net income of approximately $683,316.00 p.a. plus GST
• Motivated vendors are flexible - would consider selling a half share or third share in the property to an interested party

Suncourt Plaza is one of the largest single commercial holdings in Taupo's compact CBD, with a mix of 21 national and long term local tenants creating a vibrant atmosphere making Suncourt Plaza a destination in it's own right. An attractive covered area allocated to specific tenancies provides the flexibility of year-round outdoor use adding a valuable vibe to the whole complex.

This property is superbly located on the sunny side of the street with extensive frontage on to Tamamutu Street plus a walkway through the property to Starlight Arcade creates pedestrian access to Horomatangi Street, linking Suncourt Plaza to one of Taupo's primary retail areas, with a service lane providing access to the rear of the property.

An outstanding opportunity for the astute investor to secure a significant holding with an impressive annual net income in Taupo's compact and tightly held CBD.

A truly remarkable investment opportunity - give us a call to request the full Information Memorandum for review.

Gary Harwood

Gary Harwood

Commercial and Industrial Sales and Leasing

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

Lisa Christensen

Commercial and Industrial Leasing

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

Features

Amenities


Public toilets at rear of site, multiple access points from Tamamutu and arcade

Exposure


Owing to its size and mix of tenancies, Suncourt Plaza is a destination in its own right

Occupancy


Multi tenanted with 21 national, long term tenants offering a substantial split risk investment

Location


Extensive road frontage on to Tamamutu and linked to Taupo's primary retail area via Starlight Arcade

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

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