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28 and 30 Forest View Road, Mangakino, Taupo

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High Profile Corner, Investors Dream
Features
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2
105m2
1884 m2
Hard to come by and rare to the market is the opportunity to secure a freehold property in 2 titles totalling 1884m2 (more or less) with a 1920s bungalow. It is nestled in the very scenic & popular township of Lake Whakamaru in the heart of Central North Island. This prime site sits alongside State Highway 30 that sees a lot of traffic from commuters, tourists, motor-homers, holiday makers and motor clubs cruising the Great Lakes District as well as the thriving local community. The property is residential zoned with commercial consent and a lease is presently in place with an established business operating as a licensed restaurant. The current net rent return is $23,400 per annum and there is potential to increase this with room to add a further dwelling.

This sale is for the land and buildings only. Please contact Mariska Vear on 022 025 2317 or Ross Harvey on 021 190 1948 for further information. Viewings by strict appointment only.
LLR00183
Agent Details
Mariska Vear
Mariska Vear
M:
022 025 2317
Ph:
07 376 5647
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