246 Lake Road, Hauraki Surrounds, Bay Of Plenty

Nestled at the end of a serene cul-de-sac on 2.8 hectares of prime rural land, this freehold property at 246 Lake Road, Hauraki Surrounds, Bay Of Plenty, offers a lifestyle that's both tranquil and full of potential. The 1940-built home, with average-condition wood walls and iron roof, is in the process of being demolished, revealing a blank canvas for your dream country estate. The property boasts 5 bedrooms, 2 carparks, and a vast floor area of 253 square meters. The government's capital value remains unchanged at $995,000 since 2018, while the HouGarden AVM estimates a higher value of $1,000,000. The latest sale in 2024 was at $650,000, indicating a significant growth opportunity. With a flat to undulating contour and quality horticultural soils, this property is a gem, further enhanced by its proximity to Hinuera School, a contributing school with a decile rating of 7. Here, you can enjoy 360-degree views of the rural landscape and the Kaimai Ranges, while being conveniently located near major highways, just 16km from Matamata and 9km from Tirau. This is not just land; it's a golden opportunity to stake your claim in the lap of rural luxury.

Property highlights include a stable capital value growth, a site ready for development with power and telecommunications on-site, and water supplied by its own bore. It's a rare find where you can build your dream home, add a pool, a workshop, or even equestrian facilities, making the most of the spacious land and the breathtaking views. This is lifestyle gold, waiting for your vision to transform it into an exquisite rural retreat.

For families with children, the school zone is a significant plus. Hinuera School's contributing status and decile rating of 7 ensure a quality education within a friendly community. The combination of a peaceful setting, prime location, and development potential makes this property a wise investment for both present enjoyment and future value.

Updated on September 11, 2024