Automotive duo investment


108 Rifle Range Road, Taupo

Asking Price NZD $1,580,000 + GST (if any)

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Automotive duo investment | 108 Rifle Range Road, Taupo | 2654478 |      X Close
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Automotive duo investment


• 1,654sqm (more or less) high profile freehold corner site on one of Taupo's main internal arterial routes

• Net rental $98,500.00pa plus GST and outgoings

• Seismic rating of 70% (DSA) for original portion and 100% (ISA) for new portion of building

The master tenant, DKM Holdings Limited, who are a long - standing tenant, lease the whole property and run their Budget rental car and workshop operation on the rear portion and sub-lease the front forecourt portion to Gull New Zealand Limited plus the space for the cell phone tower to ATG Limited.

The location is superb, around the mid - point of Rifle Range Road, one of the main arterial routes connecting the northern fringe of Taupo to Lake Terrace, the lakefront and Taupo town.

The site is adjacent to a Four Square Supermarket and in close proximity to other locally run businesses in the vicinity, has a large residential catchment, high visibility, access off Rifle Range Road and Pihanga Street and has excellent parking.

A rare investment opportunity within Taupo outskirts, call to request a copy of the full Information Memorandum.

108 Rifle Range Road, Taupo

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