Lakeview Terrace, Lake Hawea, Otago

Seize the rare opportunity to own a prime kiwi quarter-acre site (approximately 1,023m²) with unobstructed, spectacular lake views of Lake Hawea. Situated in the greatly desired front row on Lakeview Terrace, this exceptional property offers easy access to the lake and holds immense underlying land value with subdivision potential.

A two-bedroom cottage with a sleepout attached to the garage currently sits at the front of the section, providing a perfect holiday retreat or rental income while you design your dream home. Imagine waking up to premium lake views, watching the seasons change, and enjoying stunning sunsets over the mountains from your own private paradise. Take a leisurely walk through the front gate over the reserve for summertime swims or enjoy the walking track for your morning stroll. 

With low-density residential zoning, the possibilities are endless. Whether you envision developing the site into your dream home, subdividing, or holding onto it as a valuable land bank for the future, this property offers unparalleled opportunities.

Don't miss out on this rare chance to own a piece of Lake Hawea's prime lakefront. Having owned this for over 12 years, the owner has had a change of plans and is taking this property to auction.

Auction Date: 1pm, Thursday 25 July 2024 (unless sold prior).

To download the property documents, please visit http://rwwanaka.co.nz/WNK31147#documents