Waterfront development opportunity


43 Noble Street, Taupo

Auction

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Waterfront development opportunity | 43 Noble Street, Taupo | 2653261 |      X Close
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Waterfront development opportunity


Auction to be held at 4pm, Friday 4 February 2022 (unless sold prior)

Level 1, 38 Roberts Street, Taupo

- Large 3,189sqm (more or less) section

- Riparian Rights (as is)

- Large family home with Air B&B options for income

- Close to town centre and amenities

- Possible development into terrace housing or multiple dwellings (subject to council consents)

Teasing with an irresistible allure for the developer scoping out their next venture, a gently contoured 3,189sqm (more or less) parcel presents options to subdivide.

In a stunning location right on the Lake Taupo Harbour with Riparian Rights, the existing 410sqm (more or less) home offers four bedrooms, three bathrooms, and two lounges with elevated decking commanding grandstand water views across to the marina plus a self-contained downstairs granny flat.

The existing home could use a little renovation work to restore to its former glory but is quite habitable and can comfortably accommodate a family looking to occupy while settling on plans to redevelop.

Definitely one of the largest lakeside developable sites currently in the market, just 1km (approximately) to the centre of town with road-frontage facilitating an easy build or removal of the existing house. The approach zone for seaplanes also allows for Heli landing on the front lawn.

The contour of the property lends well to construction of 4 - 5 terraced apartments up behind (subject to council consents) while maintaining a detached dwelling in front with the possibility for each home to have river and/or lake views.

An unprecedented opportunity to secure a spacious waterfront property that'll have one lucky developer feeling like they've just won a lottery!

Alison Whittle

Taupo

Licensed under the REA Act 2008

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43 Noble Street, Taupo

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Alison Whittle

Taupo

Licensed under the REA Act 2008

View profile