Developers, holidaymakers and land-bankers beware, there'll be no getting over the rainbow once you view this exceptional property within prestigious Rainbow Point.

Situated at the front of a generous freehold 811 sq m (more or less) section, mere minutes from the shores of Lake Taupo, amenities and multi-million-dollar properties, homes in this tightly held location with this much potential are becoming increasingly scarce.

Positioned on piles, the charming three-bedroom brick home offers a welcoming private retreat. Surrounded by gardens and birdlife, enjoy it now as a holiday escape or explore removal options and maximise the site's full potential.

Step out to convenience with The Fish Box, Ploughman's Restaurant and Bar and the Rainbow Point Store adjacent, and the popular Kokomea shopping centre, with supermarket and medical facilities, close by.

Tastefully decorated throughout with room to enhance, the home is warmed by a wood burner and heat pump and offers outdoor flow from open-plan living to sunny decking.

Tucked down a quiet cul-de-sac, forget the world and unwind or do the math and invest with future development in mind within one of Taupo's most desirable locations.

For more information or to arrange a private viewing contact Luke Kirkeby on 021 969 092 or luke.kirkeby@tremains.co.nz.