38 Oruanui Street, Lake Taupo, Taupo, Waikato

38 Oruanui Street is a c.548sqm commercial building in the popular Taupo Town Centre Commercial Fringe Precinct. The building contains two tenancies and sits on a c.1,012sqm site with a driveway along the northern boundary to access a generous parking area at the rear of the property.

The property is a short distance from Wairakei Drive, the main access route into Taupo township from the north. It is a mixed-use zone containing a variety of business types including an expanded Woolworths Supermarket (under construction), Sacred Grounds Coffee Roasters, VetPlus, Repco, Plumbing World, Laser Electrical, Taupo Toyota, Resene Paints, and Tile Warehouse, to name a few. The area is very popular with medium-sized businesses and national commercial/retail brands.

Unit 1 is c.310m2 and is leased to Pit Stop Properties Ltd, associated with the national Pit Stop brand. The Pit Stop Taupo franchise has operated from these premises for over 10-years. The lease is new, has an initial term of 3-years, and runs through to 2039 if all ROR are exercised.

Unit 2 is c.210m2 and is leased to Paul Trewavas Limited, a commercial curtain manufacturer, on a month-by-month arrangement. This space is to be advertised for long-term lease.

The building has a seismic rating of 70%, having been strengthened in 2019.

Taupo is one of New Zealand's premier domestic tourism and events destinations, with hosting rights for Supercars, the Ironman 70.3 World Championships in December 2024, the annual NZ Ironman, Lake Taupo Cycle Challenge, Taupo Marathon, and numerous other events, conferences and gatherings.

For detailed information, call Hugh today on 021 901 390.