Living area
Kitchen
Beds
A rare entry-level opportunity to own in Taupo's coveted lakeside enclave of Rainbow Point!
BUY 1 OR BUY BOTH - Located at 9 & 11 Rainbow Drive, Rainbow Point - these two attached, single-level homes offer flexible living and endless possibilities for lifestyle and investment.
Each dwelling spans a floor layout of approx. 72 sqm (more or less), featuring two bedrooms, open-plan living, and one bathroom-perfect for singles, downsizers, holidaymakers, or savvy investors looking for dual potential.
Imagine the possibilities: Enjoy the flexibility of two adjoining homes-ideal for extended family, live in one and rent the other out as an Airbnb, creating an income stream while retaining a private lakeside retreat. Or, keep both as a unique investment package in a prime tourist destination. Looking to make your mark? Modernise, renovate, or explore redevelopment options (with council approval).
Key Highlights:
Prime Location: An easy stroll from the lakefront, with off-street parking, a single garage per property, and some space for a small boat.
Outdoor Living: Each home flows to a sun-drenched yard with a deck, ideal for alfresco dining or unwinding in Taupo's serene setting.
Convenient Amenities: Walk to Rainbow Point shops, Kokomea shopping centre, and zoned to popular Waipahihi School.
Endless Recreation: Taupo's lake, geothermal pools, world-class trout fishing, and scenic spots offer year-round adventure for all ages.
Explore the flexibility to own a slice of paradise on Rainbow Drive-whether for lifestyle, leisure, or legacy investments, this is your chance to make Taupo your own.
RV: $755,000 - 9 Rainbow Drive SA17A/1082 - LOT 4 DPS 6123 FLAT 2, PORCH 2, STAIRWAY 2 DPS 18601 being a 1/2 share of 827 sqm (more or less)
RV:$725,000 - 11 Rainbow Drive SA13C/1169 - LOT 4 DPS 6123 FLAT 1 DPS 18601 being a 1/2 share of 827 sqm (more or less)
*Interior photos taken from 11 Rainbow Drive only.
Viewing by appointment, contact Ellie-Jane today.
*Subject to the property complying with the Residential Tenancies Amendment Act 2020, effective 1 July 2019 for the purposes of a rental investment.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.23 km | 4 | 250m2 | Year 2024 Month 11 Day 11 | $900,000 | Council approved | |||
 | 0.75 km | 3 | 1 | 99m2 | Year 2024 Month 10 Day 30 | $730,000 | Council approved | |
 | 0.40 km | 3 | 175m2 | Year 2024 Month 09 Day 27 | $1,120,000 | Council approved | ||
0.67 km | 0m2 | Year 2024 Month 09 Day 06 | $350,000 | Council approved | ||||
0.68 km | 3 | 0m2 | Year 2024 Month 08 Day 21 | $355,000 | Council approved |