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Turangi, 51 Rangiamohia Road

Turangi 49 & 51 Rangiamohia Road

$690,000 Plus GST (if any)

Listing Number: TPO24446
About this listing
Huge potential in Turangi and priced UNDER GV! The old school at #51 contains a very tidy 6 bedroom, 2 bathroom accommodation facility with spacious kitchen, lounge and deck for guests to occupy. There are 3 additional single unit bunk-houses 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 backpackers accommodation on a 5+5+5 year lease currently returning $24,000 net per year.

The price includes 49 Rangiamohia which is a great piece of predominantly flat land in central Turangi. There was a prior consent in place to establish a 14 unit subdivision here. Overall land area of #49 is 14538m² and ready for you to re-apply for consent or present your own ideas . With a bit of imagination you can be Turangi's next big developer.

Between the two properties there is just shy of 20,000m² of land and buildings.

$690,000 Plus GST (if any).
Property Information
  • Approx Floor Area: 20000 sqm
  • Tenure: Fee Simple
  • Property Type: Land, Other (6 Bed, 2 Bath Home), Vacant
  • Tenancy: Additional Details: 49 Rangiamohia Road - 14538m² 51 Rangiamohia Road - 5000m² with 240m² dewling (This CT Information is for 49 Rangiamohia Road)

Contact Details

Taupo

Talk Property Ltd

Licensed REAA 2008

49 Heuheu Street
Taupo
Office website

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