3 Pataka Road, Taupo

Situated in one of the most desirable Lakeside locations in Taupo, with unobstructed views across the Lake, is a huge opportunity to create an exceptional property. Magnificent vistas to Ruapehu, Ngauruhoe and Tongariro, reinforce this stunning location. There are two two-level dwellings, presenting various options such as - extended living, a "home and income" combination, or a new building development. MAIN HOME - on Lake Terrace. A 1980's, concrete block, three bedroom home. A generous sized modern, open plan living / dining / kitchen on the lower level heated by three "zone" of underfloor heating. Two patio areas enjoying fabulous sun and sunsets. There is an additional, large living area on the upper level and the master bedroom, both with stunning unobstructed views. Home requires significant renovation / remediation and a full set of architectural plans for this work, including enhancements such as an elevator and new upper deck, are available. GUEST HOUSE Built in 2005, in contemporary materials - external repaint 3 years ago. Very warm house with open plan living / dining / kitchen. Two large bedrooms + two bathrooms. Large upper deck with great Lake views. EXCITING OPTIONS including: 1. Renovate Main House and retain Guest House for family & friends. 2. Renovate Main House and rent Guest House for income. 3. Build a new Main House and retain Guest House. There are two sets of Concept Plans for possible new house available, by 2 architects. 4. Redevelop the whole site. Thus, tantalising options present themselves. This is a rare chance to purchase an exceptional building site, or to enhance the features and benefits of the existing houses. Either way, those priceless views will always be the same. An easy walk to town, the Coffee Cart and the beach across the road, makes this ideally suited as a permanent residence, holiday home, a home and income, or as a mouth-watering opportunity for a developer. With huge opportunities, and effort, come massive rewards. AUCTION: 12:00 p.m. Wednesday 17 July 2024, NZSIR Taupo Office (unless sold prior) ...