BUY ONE OR BOTH
137 Spa Road & 99 Kaimanawa Street, Taupō
Approximately 1,834m² of strategic freehold land across two adjoining titles - including a resource consent for a 26-room motel development at 99 Kaimanawa Street.
Have you ever wished you had invested in Queenstown before it took off?
Well, this may be your opportunity. Taupō is viewed by many as the Queenstown of the North Island, at a much lower price point. Taupo offers its own compelling combination of adventure tourism, events, lifestyle, and central North Island accessibility, combined with a strong and diverse local economy - and this offering provides a rare chance to secure a substantial development position close to the CBD in the valuable mixed-use corridor.
Colliers is excited to present for sale two adjoining freehold properties occupying a prominent corner at Spa Road and Kaimanawa Street. Offered individually or together, the properties give purchasers the flexibility to acquire either site or assemble a combined landholding of approximately 1,834m².
Directly opposite Taupō-nui-a-Tia College and exposed to Spa Road, a key arterial route, the properties sit within an area that has progressively transitioned towards commercial use. Nearby occupiers include vehicle dealerships, hospitality businesses and trade-related operators.
Both properties are within the Spa Road Mixed Use Environment. The planning framework supports a range of residential and business activities and provides for up to 50% site coverage and a 100% plot ratio, subject to compliance with all applicable standards and approvals.
99 KAIMANAWA STREET
• Approximately 974m² of freehold land
• Approximately 110m² tidy three-bedroom dwelling
• Resource consent granted for the construction and operation of a 26-room motel complex; plans and specifications are available to prospective purchasers
• Potential to relocate the existing dwelling, subject to purchaser investigations and approvals
• Offered with vacant possession
137 SPA ROAD
• Approximately 860m² of freehold land
• Approximately 130m² three-bedroom dwelling
• Prominent corner position with exposure to Spa Road and Kaimanawa Street
• Potential to relocate the existing dwelling, subject to purchaser investigations and approvals
• Offered with vacant possession
THE COMBINED OPPORTUNITY
• Total landholding of approximately 1,834m² across two titles
• High-profile corner location with frontage and potential access from two streets
• Opportunity to build on the consented motel proposal or investigate a broader redevelopment of the combined holding
• Existing improvements may offer interim occupation or holding-income potential
• Well suited to developers, land bankers, owner-occupiers and investors
A rare opportunity to acquire two adjoining sites in a tightly held and increasingly commercialised part of central Taupō.
FOR SALE BY DEADLINE PRIVATE TREATY
Closing 4.00pm, Thursday 22 October 2026 (unless sold prior).
Contact Hugh Milloy on 021 901 390 or Michael Jones on 027 826 2750 for further information, access to the property documentation or to arrange an inspection.
