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Taupō

23-27 Te Heuheu Street, Taupō, Taupō

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560sqm Land area SQM
635sqm Floor area

Position. Income. Upside.


Tender closing 12pm, Thursday 10 September 2026 (unless sold prior)
44 Roberts Street, Taupō

• Standout position in the heart of Taupō's vibrant CBD, on the sunny side of the street
• Direct frontage to Te Heuheu Street, one of Taupō's leading retail and professional office locations
• Current net income of approximately $66,718.24 pa + GST
• Seismic rating is under 34% (*refer below)
• Town Centre Zone

Long-term tenants already occupying part of this Te Heuheu Street building provide a dependable income base, backing the strength of this CBD investment from day one.

Adding to the appeal is real upside still on the table, with space currently vacant, there's scope to modernise ahead of or alongside the required seismic strengthening work, and the upper level offers similar potential, ready to be reimagined as modern, contemporary office to help push rental returns higher.

Demand for this stretch of Te Heuheu Street speaks for itself. Positioned on the sunny side, in the thick of Taupō's busiest retail and professional office precinct, the building sits among a strong line-up of national and international brand neighbours drawing consistent foot traffic, with businesses asking about availability here. Rear access from Gallagher Street's service lane adds further practical value for day-to-day operations.

This is a rare chance for the long-term investor to secure a prime, flexible asset in Taupō's tightly held CBD - income already secured, upside still on the table, and appetite already building. Call us today to discuss this investment option or request a copy of the Information Memorandum.

* Engineer drawings and quotes available on request for the seismic strengthening work.

Key features


Anchor tenants


Long term tenants providing holding income stream

Add value


With a portion of vacant space there's scope to modernise alongside the required seismic work, real upside for the right buyer

Location


Strong line–up of national and international tenants occupying space in the same street, one of Taupō’s main retail and office space destination

Zoning


Town Centre zoning

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