Rārangi Hou
** Two villas in a highly sought-after lakeside position; Zoned R3 - Medium Density Residential
** Villa 1: 2 bedrooms, open kitchen & dining, separate lounge & rumpus
** Villa 2: 2 bedrooms, open plan living, tidy kitchen & built-ins throughout
** Shared level, low maintenance shared yard; each villa boasts SLUG
** Investment potential with options for holiday makers, investors & developers (STCA)
Set in an enviable lakeside position with tremendous development potential, these two villas offer a rare opportunity for investors and developers looking to capitalise on the area's future growth. Zoned R3 - Medium Density Residential, this property is perfectly situated within easy reach of the CBD, local shops, beaches, and recreational facilities, making it a prime location for both lifestyle and investment.
As you enter Villa 1, you're immediately greeted by an open-plan kitchen and dining area, featuring air conditioning and an outlook over the serene lake. The kitchen is neat and tidy, offering functional space for everyday living, while the large separate lounge provides a peaceful retreat.
The master bedroom boasts both a fan and air conditioning for year-round comfort, while the second bedroom includes a ceiling fan. A versatile additional room can easily be adapted to suit your needs, whether as a living area, home office, or playroom.
The villa also features an open-plan family bathroom, with modifications for accessibility throughout the home, making it ideal for those seeking extra mobility options.
Villa 2 offers a spacious open-plan living, dining, and kitchen area, with a tidy kitchen that includes a breakfast bar and electric free-standing cooker.
The master bedroom at the front of the property is fitted with built-in wardrobes and a ceiling fan, while the second bedroom also features built-in storage.
The main bathroom is open and well-maintained. An additional room at the back of the property offers further versatility, whether as a second living area, bedroom, or study.
Each villa boasts a detached single lock up garage, with villa 1's garage featuring a laundry and extra WC. Both villas share a large, level yard, offering ample space for outdoor activities and future development, creating a fantastic opportunity for expansion or redevelopment.
This property offers an exciting opportunity to secure a dual-living investment in a prime location with the potential for future growth. Whether you're looking to build, develop, or simply enjoy the convenience of lakeside living, these villas offer endless possibilities.
For more details, contact exclusive listing agent Darren Peeters and the team at First National Real Estate today and explore the potential of this remarkable property.
Additional Information:
Council Rates & Water Access Charge - $3,596 per annum (Unit 1)
Council Rates & Water Access Charge - $3,713 per annum (Unit 2)
Strata - Insurance Only
DISCLAIMER: The information contained in this advertisement has been obtained from sources deemed reliable. However, we do not guarantee its accuracy and recommend that interested parties carry out their own investigations.