Development opportunity extraordinaire
• 1,891sqm (more or less) of land over two titles
• 798sqm (approx) modern showroom, office and workshop
• Very high profile corner site on SH 1
• Opportunity to be sold with adjoining property
• Sold with vacant possession
• Superb future development opportunity
High exposure on State Highway 1 puts this corner site right in the public eye and enhances its earning potential considerably. Jointly comprising 16 Taupo Street and 2 Market Street, the property represents a very limited purchase opportunity in Putaruru's thriving rural community.
With a 416sqm (more or less) on Taupo Street combining with a 1475sqm (more or less) land area and 798sqm (approx.) building on Market Street, the sky's the limit for future development.
The physical aspects underpinning the property's massive potential include being a corner site with significant street and state highway frontages that allow for at least two accesses. An upgrade in 2012 significantly improved the multi-purpose 1950s building which contains a modern showroom, office and large workshop.
Offered as vacant possession, it is suited to a range of business types from retail and fast food franchise to vehicle dealership and more, as well as the extraordinary opportunity this could produce when combined with neighbouring property at 29 Commerce Street. With 13,140 vehicles passing the property on a daily basis, the site has superb profile and is a quality investment. This is arguably one of the best development opportunities on the market.