Rare Office Consent, Prime Exposure

• Consented for Office Development

• $38,000 Holding Income

• High Profile Corner Site on Arterial Route

• 1119m² Land Area

This prominent 1,119m² (approx.) corner site sits on the edge of Taupō’s CBD, offering significant exposure to a main arterial route while benefiting from quiet access via Paora Hapi Street. Consents to construct a single-level, 800m² office building were granted in 2023 (RC) and 2024 (BC).

The Kaimanawa Titiraupenga (KTHD) precinct is a medium-density residential zone, home to numerous professional and health sector tenants. Commercial and office use is now tightly regulated, making the existing consent for this property a scarce and valuable opportunity.

The property is currently leased to The Taupō Budget Advisory Service, with two years remaining on the current term, a further three-year right of renewal, and market rent reviews every two years from May 2026. The lease also incorporates a six-month development clause.

Neighbouring businesses include Chemist Warehouse, The Warehouse, DPA Accountants, Jensen Waymouth Lawyers, and the newly established Ingham dealership.

TENDER closes at 4pm on 2 April 2026. Submissions may be delivered in a sealed envelope to Lyons Asset Brokerage, Level 1, 2 Te Heuheu Street, Taupō, or emailed to tom@lyons.co.nz.

A cloud-based folder containing the LIM, lease documentation, title, development plans and additional imagery is available on request.

Contact Tom for further information.