Listed: Fri, 24 Nov

FHGC - Multiple Awards Winner!

131 Tongariro Street, Lake Taupo, Taupo, Waikato

Price by negotiation

376m² Floor
291m² Land

Attribute	Value
Property use	Industrial
Agency reference	67026536

For sale are the freehold land and buildings at 131 Tongariro Street, Taupo and the award-winning Crafty Trout Bar & Eatery. The Crafty Trout is located at the northern gateway into Taupo, recently voted Supreme Award winner in the 2023 Most Beautiful Cities and Towns Award. Taupo is one of New Zealand's premier domestic tourism and events destinations, recently securing the hosting rights for Supercars for the next 3-years. The town will also host the Ironman 70.3 World Championships in December 2024. It annually hosts the NZ Ironman event.

The Crafty Trout bar & eatery is a popular destination for both locals and visitors to Taupo. The current owner has invested heavily into the Alpine Chalet theme and has chosen to operate the bar & eatery as a lifestyle-business for 5 days per week, while still achieving an impressive financial performance.

This sale provides a rare and outstanding opportunity for a new owner to take the business to the next level and to perhaps, generate a separate rental income from the ground floor of the property.

The building occupies a c.291sqm site with a floor area of c.376sqm over two floors. The bar & eatery is on the first floor, with the eatery flowing out onto a verandah overlooking the Tongariro Domain, a venue for many events including the Ironman finishing line. Also on the first floor is a one-bedroom, newly re-furbished apartment, which could be used by the owner or a live-in manager. The apartment has a private deck attached.

The ground floor covers c.183sqm. An incoming owner may choose to utilise this space to expand the bar & eatery or lease it to a new tenant. There are 2 carparks and a storage shed at the rear of the property with service lane access.

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