Listing Description
Live–work investment with future potential
5/31 Miro Street, Tauhara, Taupo, Waikato
To be sold by deadline sale (by 10 Dec)
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | 2655968 |
Description
- Approximately 184sqm (over two levels)
- Tenancy: Ground-floor commercial lease to March 2028; residential tenancy above (periodic)
- Zoned General Industrial
- Constructed in 2007, a modern, low-maintenance build
- Office and storage space, garage access, two-bedroom apartment
- Near Crown Industrial Precinct with excellent arterial connectivity
Taupo's commercial landscape offers few opportunities quite like this. With only two existing live-work developments in the district and another currently under construction, mixed-use investments of this calibre remain tightly held. Offering both income stability and long-term versatility, Unit 5, 31 Miro Street presents a rare combination of location, design, and future upside.
Built in 2007 and well maintained since, this two-level unit forms part of the sought-after Miro Court complex, a development designed to integrate business and residential use within Taupo's core industrial precinct. The ground floor is tenanted by a well-established local business on a lease running through to 31 March 2028, while the upper level contains a tidy two-bedroom apartment currently let on a periodic tenancy. The current total net income is $45,889.
The dual-income configuration provides an immediate return for investors, while the upcoming lease expiry offers clear potential for owner-occupiers to take advantage of the property’s flexibility. Whether utilised as a base for trade, design, or professional operations, or as a live–work investment held for the long term, this unit ticks boxes for both practicality and potential.
Strategically positioned off Miro Street, Taupo's main industrial corridor, and just minutes from the rapidly expanding Crown Industrial Precinct, Miro Court continues to attract strong tenant interest. With robust construction, modern design, and limited comparable stock available, opportunities to secure assets of this nature are becoming increasingly scarce.
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Property Files
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