The versatile industrial site leased to an A-grade national tenant and an automotive brake and clutch specialist is up for sale in a strategic Taupō location.
The high-profile property in Tauhara features approximately 640 square metres of smart high-stud workshop and office accommodation.
This sits on a nearly 1,600-square-metre freehold site on busy Tauhara Road, handy to Taupō town centre, Crown Park industrial area, and highway connections across the North Island.
Each of the two well-configured tenancies offers quality office, lunchroom, shower, and amenity facilities, plus a clear-span warehouse, supported by high-stud roller door access and LED lighting.
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Recently upgraded and subdivided, the property boasts an A-grade Initial Evaluation Procedure seismic rating of 95 percent of new building standard.
Taupō Brake and Clutch Limited occupies an approximately 320-square-metre warehouse/office tenancy on a lease that runs to 2028, with rights of renewal extending to 2037.
A second, similar-sized tenancy is leased to a major national occupier. The current lease runs through to 2028 with a further three-year right of renewal.
The leases generate a combined net rental return of approximately $102,440 plus outgoings and GST per annum, with built-in rental growth.
The freehold land and buildings at 89 Tauhara Road are being offered for sale by price on application through Lucy Baxter of Bayleys Taupō.
Buyers also have an opportunity to add further scale and complementary investment upside by securing the vendor’s next-door property at 87 Tauhara Road.
This comprises approximately 891 square metres of buildings on 3,113 square metres of freehold land.
Currently fully leased to two tenants, this returns an annual net rental of some $146,589 plus outgoings and GST.
The Tauhara Road sites sit in a high-demand industrial precinct, zoned General Industrial under Taupō’s district plan.
Baxter said operations at the properties benefited from convenient site access just off Tauhara Road.
“A cul de sac location offers practical advantages for industrial use, including generous turning space for larger vehicles such as trucks and delivery fleets.
"This not only supports efficient logistics but also adds an element of security due to limited through traffic.
“The central location ensures seamless access for freight, staff, and customers, while the site’s practical and versatile industrial layout makes it well-suited for a wide range of industrial and service-based businesses.
"This positions it well to reap benefits from strong long-term demand from local and regional businesses seeking functional workshop space.”
Baxter said the location was highly sought-after by businesses needing connectivity and exposure, due to its visibility and ease of access to both State Highway 1 and Taupō CBD.
“Surrounding amenities add convenience for both staff and business operations.
"Nearby services include the Farmlands rural cooperative, petrol stations, vehicle wash facilities, a bakery, and a local dairy – supporting the day-to-day needs of tenants and customers alike,” Baxter said.
- Supplied by Bayleys
