820 Lake Arapuni Road, Putaruru, South Waikato

Waterfront recreational investment opportunity

This magnificent setting overlooking Lake Arapuni enjoys over two kilometres of shoreline.
Waterfront properties in this country are quickly disappearing as more people realise this is a very limited supply.
This 129 hectare (more or less) lake front property has character and visual appeal.
Opportunities as exclusive recreational water sport activities already abound here - water skiing, kayaking, jet skiing and quiet family picnics to name just a few. This idyllic setting offers your own launching pad at the ski lodge or just up the road at Jones Landing or across the lake the Arapuni Landing. Your own ramp onto the lake as well as the ski club jetty and club house are involved in this package.
With cycle ways, walking/hiking trails and other recreational activities to further enhance this fantastic property, in conjunction with local bodies, should be explored.
Where else can you access this length of water frontage with this appeal plus the opportunity of using existing four titles and create the possibility of further subdivision to greatly enhance the value.
One will never get tired of sitting in the beautifully elevated homestead enjoying the stunning lake setting and activities which abound on the water.
The centrally located 26ASHB, with ACR's, has races fanning in both directions to access all forty-seven paddocks. Currently the farm is sharemilked with around 360 cows. Production average for the last three seasons is 137,897 kgMS with best of 143,781 kgMS.
Support buildings include a four bay gable shed with three bay extension, five bay pole shed, four bay half round barn, old woolshed and two bay open barn.
The main homestead of 220sqm (more or less) enjoys a fantastic vista over the farm and the lake. Four car garaging, in-ground pool and grass tennis court complete the picture. There are two other very good three bedroom homes for the sharemilker and staff accommodation.
The retiring owners will be sad to go however they have created a magnificent opportunity for the next owner.