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Strategic medical precinct investment

117 Te Heuheu Street and 118 Tuwharetoa Street, Taupo

Investment Opportunities
dollar

Tender

Floor area
969m2
Land area
2684m2
Title type
Freehold
On this page:

Tender

Wednesday
12:00pm
11
Mar

Map

Property details

Listing # 2656040 | Listed on 2 February

Tender closing 12pm, Wednesday 11 March 2026 (unless sold prior)
44 Roberts Street, Taupō

  • 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 Tūwharetoa Street are currently tenanted to Taupō Medical Centre, Mainstreet Pharmacy and Mathai Dental, with Taupō 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 Taupō’s commercial area roughly 500 metres from the centre of the Taupō CBD and 500 metres from the lakefront. The properties have prime road frontage on to Te Heuheu, Kaimanawa and Tūwharetoa Streets, all major internal arterial routes carrying considerable volumes of vehicle traffic connecting Taupō CBD with residential areas and all access points to Taupō 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 Taupō’s vibrant CBD and lakefront. Contact the sole agents to request the detailed Information Memorandum and to discuss this offering in more detail.

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