This 170m2 dwelling is situated back from the road on a large 960m2 section with plenty of surrounding garden space. Only 200m to the lakefront, less than a 5 min drive to town and zoned for Hilltop School, this property in Huia Street sits in the middle of the ever popular "Birds" area of Taupo.
Currently configured as two attached rentals with long term tenants in place, it is separated by a firewall, split into a one bedroom with sleep out and a two bedroom with space for a carport, you could continue in such a fashion with income from two tenants.
Or with sub-division consent already underway, you could pull down the existing house and rebuild two townhouses each with a second storey to take advantage of the lake views that would be afforded from a second floor.
Alternatively you could build your new retirement home spread across the entire property or opt to combine the two halves into one 3 bedroom house with garage. With plenty of expansion options including going up a floor and gaining views of the lake and mountains, one could easily build onto the existing platform or erect garaging at the back of the property with storage space for a boat!
With mortgage rates at all time lows, NOW is the time to expand your property portfolio, start a development project or build your dream retirement home all within 200m of the lakefront!
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