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Endless options up for grabs, as iconic waterside property with rich history hits the market

In a spectacular holiday location, a remarkable waterfront property spanning five titles and four generations of ownership is now available for discerning buyers.

Nestled on the shores of Lake Rotorua and the Ohau Channel, this super-sized estate offers a unique blend of history and modern allure.

“I’ve spent thirty years in real estate, and I’ve never had the opportunity to bring a property of this magnitude and potential to the market” says Bayleys spokesperson Beth Millard.

Whether it’s fly fishing from your front lawn, or launching your boat from the ramp and jetty in the Ohau Channel which feeds into Lake Rotoiti, the property perfectly caters to water sports enthusiasts seeking the ultimate retreat.

“There’s not many places like it. The family who owned it for four generations have enjoyed many years of using the waterways, or the lush outdoors to play croquet on.”

This picturesque oasis encompasses three separate dwellings, each epitomising the quintessential Kiwi holiday lifestyle, and presenting a once-in-a-lifetime opportunity for buyers seeking a lodge accommodation venture, or a multi-family retreat.

“If you’re a creative person wanting to get into the accommodation industry, this property perfectly lends itself to that. It’s a blank canvas, and you’re only limited by your imagination.”

The options are endless, with the opportunity to buy the entire estate, or tender on individual titles.

Originating from the 1930s, 40 Takinga Street is a 130sqm residence extending across two titles encompassing 1,597sqm. With three bedrooms, two with ensuites, a family bathroom, an office, and a dining room, the home seamlessly blends timeless charm with contemporary conveniences. The front patio overlooking the Ohau Channel offers an ideal spot for relaxation, complemented by the dedicated boat ramp that enhances the property's water-oriented allure.

“It's a really charming, classic bungalow. It’s got a really homely, cosy feel to it. Even in the winter it would be a great place to enjoy a red wine and curl up with a book.”

A delightful 1960s cottage spanning 80sqm on an approximately 847sqm site, 44 Takinga Street radiates authenticity and simplicity. With two bedrooms, and a solid fuel fire for heating, the cottage boasts French doors leading to a patio, creating a seamless indoor-outdoor flow.

“This home is a bit more entry level, and would make a great secondary family accommodation unit.”

The primary residence on this expansive property, 46 Takinga Street covers 260sqm over two titles totalling 5,700sqm. Showcasing four bedrooms, two bathrooms, a generously sized French provincial style kitchen-dining area, and a sunlit day room with a parquet floor, this dwelling harmoniously merges sophistication with comfort. The home also includes a detached garage, a high-stud caretaker's garage with a workshop area, boat shed, and a circular driveway leading to a portico-style entrance.

“It’s very classic with a laid back but slightly stately feel to it. You can tell the family built it and developed it for their own personal use.”

The expansive landscape covering 40 - 46 Takinga Street provides breathtaking views all year-round, making it an ideal setting for those seeking a serene sanctuary. But while you’re easily able to escape the hustle of the city, the location still offers convenient access to the Manupiria Hot Springs and the Okere Store, ensuring a perfect blend of relaxation and local amenities.

“The position is super unique. You can pop down the channel on your boat and land on Lake Rotoiti, or use Lake Rotorua. If you want to venture further, you’re 45 minutes to the Mount, and Rotorua city is just 20 minutes away.”

Beth, Jacquie and Rebecca are marketing 40 - 46 Takinga Street for sale via the tender process closing at 4pm, March 12th 2024 - unless sold prior.

Click here for more information on the listing.

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