Listing Description
Strategic medical precinct investment
117 Te Heuheu Street and 118 Tuwharetoa Street, Town Centre, Taupo, Waikato
To be sold by tender (closes on 11 Mar)
Details
| Attribute | Value |
|---|---|
| Property use | Development site |
| Agency reference | 2656040 |
Description
Tender closing 12pm, Wednesday 11 March 2026 (unless sold prior) 44 Roberts Street, Taupo
- Medical services investment opportunity
- Strategically located spanning two corner sites with three road frontages – to be sold as one
- Combined areas of 2,684sqm (more or less) freehold land with buildings providing approximately 969.20sqm of net lettable space
- Combined net income $322,032.65 pa + GST
117 Te Heuheu Street and 118 Tuwharetoa Street are currently tenanted to Taupo Medical Centre, Mainstreet Pharmacy and Mathai Dental, with Taupo Medical Centre occupying the majority of available space. Adjacent to the properties are a pathology laboratory, radiology facilities and additional medical practice which together have created a medical precinct providing a full range of services. Other business uses in close proximity include motels, retirement villages, car dealerships, service stations and accountants, reinforcing strong and diverse demand within the immediate area.
The two properties are located on the fringe of Taupo’s commercial area roughly 500 metres from the centre of the Taupo CBD and 500 metres from the lakefront. The properties have prime road frontage on to Te Heuheu, Kaimanawa and Tuwharetoa Streets, all major internal arterial routes carrying considerable volumes of vehicle traffic connecting Taupo CBD with residential areas and all access points to Taupo town, ensuring excellent exposure and accessibility.
This is an extremely rare opportunity for the astute purchaser to secure a strategic location for expansion of current usage or future redevelopment being so close to Taupo’s vibrant CBD and lakefront. Contact the sole agents to request the detailed Information Memorandum and to discuss this offering in more detail.
Property Files
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