248 Stokes Road, Cambridge, Waipa, Waikato

This is a rare opportunity to secure an amazing piece of land comprising of 58 hectares of land with direct access to the beautiful and incredibly popular Lake Karapiro.

With numerous stunning potential building sites offering the most amazing views of Lake Karapiro, this property offers the perfect platform for buyers looking to create their own piece of paradise and build in one of the most unique and beautiful sites anywhere in the Waikato.

Additional titles are available over the next 5 years through our current owner's strategic use of environmental plantings and planning, offering incoming purchasers' numerous options for future subdivision or further development of the property. The location lends itself perfectly to further development with Takapoto Estate located just up the road and offering world class equestrian facilities. The Piarere Water Ski Club is just up the lake offering fantastic skiing facilities, and Sanctury Mountain Maungatautari with its incredible bush and birdlife on your doorstep, there's something for everyone.

The 58ha of land has recently benefited from upgraded fencing, races, and a modern water system, making it an efficient operation from day one. There are numerous options here which range from farming the property yourself or simply leasing the land out and benefitting from the passive income this offers whilst enjoying your stunning lakeside escape.

The tidy three-bedroom home already on the property is warm and comfortable, featuring double glazing, a heat pump, and picturesque lake views that can be enjoyed from the comfort of your living room. This provides the perfect opportunity to live in whilst you build and then numerous options exist to either Air BnB, subdivide off or rent out when your build project is complete.

Down by the water's edge, a recently installed cabin offers the perfect spot to unwind, host guests, or make the most of everything Lake Karapiro has to offer - from boating and kayaking to simply soaking in the serenity.

Blocks of this size with stunning potential building sites offering the most amazing lake views, direct lake access and potential passive income are incredibly rare so reach out today if you are looking for a property with some real "X" factor.