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Two Mile Bay

49A Hawai Street, Two Mile Bay, Taupō

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5 Bedrooms
2 Lounges
2 Bathrooms
2 Parking
663sqm Land area SQM

Serious motivation - act now


A motivated vendor is offering this rare opportunity in highly desirable Two Mile Bay, inviting all serious buyers to act and secure a great deal. Positioned on a freehold corner site, the property is just minutes from the boat ramp, Two Mile Bay Sailing Centre, and the lakefront, with easy access to Taupō's town centre — making it ideal for both holiday and permanent rental potential.
The home's dual-level design maximises income and lifestyle options. The lower level functions as a fully self contained flat, featuring three bedrooms, a family bathroom, and open plan kitchen, dining, and living areas. A generous rumpus room with woodburner adds versatile space for guests or extended family, flowing onto a sunny deck and garden — an appealing feature for everyday living or short-term rentals*.
Upstairs, accessible via internal or external stairs, the main living level benefits from elevated positioning and lake glimpses from the sun-drenched balcony. The open plan living and dining area is filled with natural light from skylights and expansive windows, while the well-sized kitchen supports entertaining and family living. Two further bedrooms, including the master, are serviced by a family bathroom, with a heat pump providing year-round comfort.
With a proven lakeside location, flexible layout, and accommodation for multiple tenants* or extended family, this property represents a strategic purchase. Serious buyers are encouraged to act now to take advantage of this motivated vendor and secure a highly sought-after Two Mile Bay property.

*Subject to the property complying with the Residential Tenancies Amendment Act 2020, for the purposes of a rental investment.

Key features


Layout

Fully self-contained downstairs flat with three bedrooms

Views

Sun-soaked upstairs living with lake glimpses and skylights

Local amenities

Close to boat ramp, sailing centre, and Hawai Reserve

Heating

Year-round comfort with woodburner and heat pump

Need help with finance?

Vega

Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.