4 Hinerangi Place, Kuratau, Taupo, Waikato

For Sale: a one-eighth (1/8) share in a 2 bedroom house on Hinerangi Place, Kuratau, Lake Taupo.

Wouldn’t you love spending time at a lake during the summer? Or being close to the mountains in winter? Are you finding the cost of holiday rentals prohibitive?

If you have always wanted your own bach but didn't want to be committed to a place 365 days of the year taking up time, maintenance and outgoings on top of the capital expenditure, then buying a one-eighth share in an existing house is the perfect answer.

The property is owned by a syndicate of eight members that started in the early 1990s, and operates on a shared ownership basis. This is NOT a time share, but a group of like-minded people jointly owning a bach.

Booking your preferred dates is very easy. There is an annual levy to cover running costs - approximately $1,100 at the moment – less than a week’s holiday at a rental bach at Kuratau – otherwise there is no extra cost for staying at the property.

Asking price: $80,000 for one(1) one-eighth share.

This gives you use of a 2-bedroom house with large living area and great outdoor space, a large easy-care section, plenty of space to play ball, ride the bike or sit and relax by the camp fire. The house is in good order.

What’s included? All lounge furniture, heat pump, dining table and chairs, washing machine, dryer, modern TV, beds (including a sofa bed in the lounge), kitchen items, barbecue, lawn mower. All you need to bring is your bedding and recreational equipment.

There is plenty of space to play, park the boat or pitch a tent for the kids. If you have a boat, there is a launching ramp within a 3-minute drive.

To find out more about this great opportunity please call Peter on 027 829 8325 to discuss the property and arrange a viewing.