Listing Description
Exceptional trophy asset in Taupo’s CBD
44 Te Heuheu Street, Town Centre, Taupo, Waikato
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | 2654398 |
Description
- Prominent two-story landmark building in the heart of Taupo' s tightly held CBD
- Net rental $422,061.14 pa plus GST (and outgoings)
- Occupying a strategic corner site fronting on to Te Heuheu Street and Ruapehu Street
- Comprehensive refurbishment completed in 2022
- Seismic rating of 67%
44 Te Heuheu Street is fully leased to a mix of national brands and strong local tenants with seven tenancies, six ground floor retail tenancies plus first floor office space held under a single tenancy, offering the security of a quality split risk investment.
The building was significantly upgraded and modernised in 2022, including the majority of the building exterior re-clad, new double glazed windows fitted to the first floor, CO2 monitored ventilation system installed across all first floor office space and re-lining of the first floor interior being just some of the work carried out transforming this building into a visually attractive Taupo CBD landmark.
In December 2024 there was also a 37.7kw solar system installed to supplement the electricity usage of the first-floor tenancy delivering greater energy efficiency, lower running costs and huge benefits to long term tenants seeking buildings that align with their ESG (environmental, social, governance) strategies.
This is a rare and exciting opportunity to secure a trophy asset right in the heart of Taupo’s vibrant CBD with the recent significant refurbishment offering the astute investor a quality long term investment.
Contact us to request the detailed Information Memorandum and learn more about this exceptional investment opportunity.
Property Files
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