49A Hawai Street, Two Mile Bay, Taupo, Waikato

Set on a freehold corner site in sought-after Two Mile Bay, this property offers far more than first impressions suggest—making it a smart option for investors*, holidaymakers, or families seeking space and flexibility.

Downstairs, a fully self-contained flat provides excellent separation for extended family, guests, or rental income. This level includes three bedrooms, a family bathroom, and an open-plan kitchen, dining, and living area. Constructed with firewall brick, it retains warmth efficiently. A large rumpus room, complete with woodburner, opens to a sunny deck and garden—perfect for relaxed outdoor living.

Upstairs can be accessed internally or via an external staircase that leads to a spacious, sun-soaked balcony with glimpses of the lake. The main open plan living and dining area filled with natural light thanks to skylights and the large windows. The kitchen, politely tucked to the side, is a great size for family cooking - making entertaining easy. This level also features a family bathroom, the master bedroom, and an additional bedroom, with a heat pump providing comfort year-round.

Located just minutes from the boat ramp, Two Mile Bay Sailing Centre, and Hawai Reserve, this home delivers space, function, and location in one well-rounded package. A property with much more than meets the eye.

*Subject to the property complying with the Residential Tenancies Amendment Act 2020, for the purposes of a rental investment.