Back 567 Spencer Road
Off Market

567 Spencer Road

Lake Tarawera Bay of Plenty

1057 m²
Land
Jenny DonneJenny Donne, last sold this property on 18 December 2025 after 413 days on market.

Overview

Now Priced - 565 $1,650,000 and 567 $1,250,000

If you're looking for a unique opportunity to invest in prime waterfront property at Lake Tarawera, this is it! Not only can you acquire the charming Lot 59, a spacious 1,022sqm freehold section featuring a delightful 1960s Lockwood cottage with two bedrooms, but you also have the chance to purchase the neighbouring Lot 60 which is 1,057sqm of easy terrain and a blank canvas for future development. The Lockwood offers a nostalgic interior that awaits your personal touch, complemented by a front deck perfect for relaxing and enjoying the surroundings. The property includes a large garden shed and fruitful trees, thoughtful landscaping surrounds the properties and frames the views of the lake. With direct access to the lakeside reserve via a set of stairs, this is a perfect spot for outdoor enthusiasts. With options to rebuild across both titles or keep them separate for development, this parcels of land open up a world of possibilities. An ideal location for your dream home or a potential investment project. Whether you're in the market for one or eager to acquire both, this is a rare opportunity you won't want to miss!

Features

1057 m² lot size
Land

Estimated Value

We need at least 3 similar land plots sold in Lake Tarawera over the last 12 months.

Property history for 567 Spencer Road

2025
Sold
Undisclosed
18 Dec 2025 by Jenny Donne, of Bayleys Rotorua

Happy sellers in Lake Tarawera

94%
94% of sellers in Lake Tarawera reported that their sale price either exceeded or met their price expectations.

Lake Tarawera stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Lake Tarawera over the last 12 months.

Local market activity for land plots in Lake Tarawera

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