Riverlea Downs, Broadlands Forest, Waikato

An absolute powerhouse of a property with endless options-to be sold at Mortgagee Auction. If you are looking for a property that offers unmatched scale and serious value-add potential, this substantial 10-acre (more or less) block demands your immediate attention. Featuring a massive 400 sqm (more or less) main footprint currently configured as two dwellings, this property offers an extraordinary canvas for extended families, land-bankers, or lifestyle entrepreneurs.Property Highlights: Substantial Footprint: A grand 400 sqm (more or less) main building divided into two independent living zones-perfect for multi-generational living or dual-income streams. Extensive Outbuildings: Features a massive 94 sqm (more or less) 'supershed', historically utilised as a premium workshop and entertainment hub. Lifestyle Assets: Ample space and infrastructure tailored for the ultimate lifestyle setup, including past setups for a home business, studio spaces, and extensive outdoor entertaining areas with an in-ground pool.The Opportunity: Properties of this magnitude and versatility rarely come to the market under these terms. Whether you are looking to reinstate it to its former glory, capitalize on the dual-dwelling layout, or utilize the extensive shedding for a trade business, the potential here is immense.This property is being sold via Mortgagee Auction (will not be sold prior). Prospective purchasers are advised to conduct their own due diligence regarding chattels, condition, and Council consents. RT 162234Mortgagee Auction - Wednesday 8th July 2026 at 2.00pm (will not be sold prior), at the Ray White Office, 147 Tongariro Street, TaupoThis property is being sold via Mortgagee Auction, therefore, a price guide cannot be provided. To stay informed, register your interest with our Agency.https://rwtaupo.co.nz/properties/residential-for-sale/taupo-district/taupo-3330/lifestyle-property/3518650