5 McCauley Grove, Hilltop, Taupo

Lake panorama - potential plus

With sensational lake and mountain views, this 1970s original awaits a visionary to renovate, extend and refurbish. A monumental 1,093sqm (more or less) section rambles down to the bush clad gully while nestled within tiered lawns and gardens. The 140sqm (more or less) home sits above a modern ground floor self-contained one bedroom studio.

For investors who love projects, renovators grabbing the opportunity to extend and modernise for the on-sell, or a family who will do the work for the final reveal as a forever home in a top school zone, this is so worth the effort.

The home presents as a 1970s original with many of the retro elements still in evidence. There's no getting away from the panorama with doors opening out onto a deck that flanks the entire lake facing frontage.

Living and dining spaces are great for entertaining. A time capsule kitchen still displays its Shacklock rangehood and muted mosaic tiled accents, so start planning the 2022 makeover.

Two double bedrooms upstairs share a bathroom with a second bathroom downstairs in the unit. A spacious office with built-in storage has the dress circle outlook and could also be used as another bedroom.

With off-street parking and the property being situated at the end of a tranquil cul-de-sac in desirable Hilltop School zone, this is a chance to transform and improve in a prime neighbourhood.