859 Maungatautari Road, Cambridge, Waipa

Rare lakeside opportunity

Rarely does an opportunity such as this present itself in our district. Owned by the same family for 110 years, this supremely positioned 19.48 hectare (more or less) property bordering Lake Karapiro is now ready for someone else to create their own legacy.

A tree-lined driveway invites you into the property, which has a choice of building sites offering magnificent views across Lake Karapiro. Here you can build your dream home and enjoy rural living and all the water sports Lake Karapiro has to offer, while being only a short drive to the busy and vibrant town of Cambridge.

Consisting of a number of plantings and terraces leading down to the lake edge, this property is divided into approximately 12 paddocks with a mixture of 3-wire and 7-wire fences and is currently leased out as a dairy support block.

A two-level concrete block house which was built in the 1970s and in original condition is located at the end of the driveway. The house has a kitchen, living area, bathroom and three bedrooms upstairs and another three bedrooms and bathroom downstairs separated by a single garage space (no internal access). Other facilities include a 3-bay implement shed with power and cattle yard with load-out facilities.

This is a rare lakeside opportunity which a savvy property investor will not want to miss.