Prime corner, fully leased
Tender closing 12pm, Wednesday 2 December 2026 (unless sold prior)
44 Roberts Street, Taupō
• Prominent corner site with dual frontage to Miro and Manuka Streets
• 4,042sqm (more or less) of freehold General Industrial zoned land
• 1,451sqm (more or less) of floor area across five tenancies
• Fully leased, returning $166,012 net + GST
• Secure income now, with future redevelopment potential
A prominent corner site in the heart of Taupō's established Tauhara Industrial precinct, 56 Manuka Street delivers a freehold, fully leased, multi-tenanted industrial investment. The property sits on 4,042sqm (more or less) of General Industrial zoned land and comprises 1,451sqm (more or less) of floor area across five tenancies, generating a net rental of $166,012 per annum plus GST.
Income is spread across five tenants operating engineering, automotive, security and professional services businesses, with a weighted average lease term (WALT) of 2.36 years by income and CPI and market rent review provisions across the leases. Dual frontage onto Miro Street and Manuka Street, two of the precinct's main arterial roads, and direct connectivity to State Highway 1 combine to make this a compelling hold-and-redevelop opportunity - secure income today, with the land area and position to reposition the site as leases expire.
Steady returns from day one, redevelopment upside tomorrow. Add 56 Manuka Street to your portfolio. Contact Lucy for the Information Memorandum to schedule to view site.
44 Roberts Street, Taupō
• Prominent corner site with dual frontage to Miro and Manuka Streets
• 4,042sqm (more or less) of freehold General Industrial zoned land
• 1,451sqm (more or less) of floor area across five tenancies
• Fully leased, returning $166,012 net + GST
• Secure income now, with future redevelopment potential
A prominent corner site in the heart of Taupō's established Tauhara Industrial precinct, 56 Manuka Street delivers a freehold, fully leased, multi-tenanted industrial investment. The property sits on 4,042sqm (more or less) of General Industrial zoned land and comprises 1,451sqm (more or less) of floor area across five tenancies, generating a net rental of $166,012 per annum plus GST.
Income is spread across five tenants operating engineering, automotive, security and professional services businesses, with a weighted average lease term (WALT) of 2.36 years by income and CPI and market rent review provisions across the leases. Dual frontage onto Miro Street and Manuka Street, two of the precinct's main arterial roads, and direct connectivity to State Highway 1 combine to make this a compelling hold-and-redevelop opportunity - secure income today, with the land area and position to reposition the site as leases expire.
Steady returns from day one, redevelopment upside tomorrow. Add 56 Manuka Street to your portfolio. Contact Lucy for the Information Memorandum to schedule to view site.
Key features
Add value
Re-development upside, room to intensify as leases expire
Exposure
High-profile corner site, visibility from Miro Street and Manuka Street, with direct connectivity to State Highway 1
Passing income
Five leases return $166,012 pa + GST while you plan the site's future
