Commercial with Good yield + Upside.

29 Manuka Street presents an exceptional chance to secure a proven income stream with built-in upside. Currently generating $200,032.75 + GST + OPEX PA, this property is underpinned by a diverse tenant mix across multiple industries-delivering stability and reducing risk.

Adding further appeal, the property includes a modern two-bedroom apartment on the second floor, providing the perfect owner-occupier option or an additional rental stream.

Positioned on a substantial 1,985m² freehold site in Tauhara-Taupo's prime industrial hub-this asset offers excellent access for heavy vehicles, generous onsite parking, and proximity to State Highway 1 (just 4 minutes away).

The existing improvements comprise a 950m² building split into 7 well-configured tenancies, catering to sectors including residential, fitness, storage, manufacturing, and trades. The property has been meticulously maintained by the current owner, with space rarely vacant and tenant demand consistently high.

Future growth is already on the horizon-vacant land on site can easily accommodate four additional units, pushing projected annual income well beyond $250,000 once leased.

With Taupo's industrial sector in strong demand due to township expansion and the growth of the Napier-Taupo and Crown Road commercial parks, opportunities of this scale and quality are seldom available.

Key Highlights:

• Prime location in Taupo's leading industrial precinct
• Freehold land: 1,985m² (approx.)
• Building area: 950m² (approx.)
• 7 established tenancies + modern two-bedroom apartment
• Current income: $200,032.75 + GST + OPEX PA
• Development upside: potential for 4 additional units

A stable, diversified investment with immediate returns and long-term upside-this is an opportunity you don't want to miss. Call Ulf Fuehrer today on 022 0800 853