Multiple Opportunities - Lake Okareka


60 and 62 Okareka Loop Road, Lake Okareka

Private Treaty

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Multiple Opportunities - Lake Okareka | 60 and 62 Okareka Loop Road, Lake Okareka | 2450820 |      X Close
Description

Multiple Opportunities - Lake Okareka


Situated with a commanding view over Lake Okareka, this property not only surveys the scenic splendour of an iconic location, the best swimming beach in the area is also just across the road. Surrounded by bush and bird song, the property nests deeply in nature and attracts great sun. Comprising two titles, this slice of prime real estate is being sold as one package. It is a developer's dream site, with potential to build new across both titles. At present, the combined land holding hosts three units and a sleep-out with a bathroom. Units 1 and 3 are bedsits, and unit 2 has one bedroom. A current independent rental appraisal indicates a combined income of $1200 per week across all three units (subject to healthy homes approval). Property is being sold vacant possession. The ambience of the setting and the panoramic quality of the location makes the site truly outstanding. Lying 9km south-east of Rotorua, Lake Okareka is a local favourite for swimming, fishing, boating and water skiing. Families love to picnic on the shoreline reserves and swim in the lake's refreshing water. Anglers enjoy fishing for rainbow trout and bird-watchers flock to the area to observe the diverse wildlife.

Jenny Donne

Rotorua

Licensed under the REA Act 2008

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Brooke Wood

Rotorua

Licensed under the REA Act 2008

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60 and 62 Okareka Loop Road, Lake Okareka

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Jenny Donne

Rotorua

Licensed under the REA Act 2008

View profile

Brooke Wood

Rotorua

Licensed under the REA Act 2008

View profile