Listing Description
Listed: Mon, 26 Aug
Tourism In Turangi - $430,000
51 Rangiamohia Road, Turangi, Taupo, Waikato
Details
| Attribute | Value |
|---|---|
| Property use | Development site |
| Agency reference | TPO24446 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2148073086&sellerId=0 |
Description
Tourism land & buildings in Turangi priced UNDER GV! The old school at #51 contains a very tidy 6-bedroom, 2-bathroom accommodation facility with spacious kitchen, lounge and deck. There are 3 additional single unit bunkhouses out back with toilet and shower facilities close at hand, separate from the main building. On the same lot is the old school building, which along with the house is currently leased out as backpacker's accommodation on a 5+5+5 year lease currently returning $24,000 net per year.
Possibility of adding further accommodation facilities. Very popular accommodation lodge for walkers on the world renowned Tongariro Alpine Crossing.
Additionally, the adjoining vacant 14,538m2 site can be purchased for future development.

