PHOTO: 64-66 Lake Terrace, Taupō
(Updated December 2021)
Taupo Ika Nui Resort, Taupō – has been sold to Prime Hotel Group with takeover 10 December, 2021.
Owners of the Time Share should expect payment for their share from mid February, 2022.
The property is now available to use at motel units – via Booking.com
Bayleys Real Estate were marketing the property.
Taupo Ika Nui Resort was developed in the late 1980’s and was sold off to individual owners who purchased either fixed or floating weeks – each with its own unit title – thus numerous titles were issued for the complex.
Taupo Ika Nui Resort has a prestigious address being 64 Lake Terrace but actually fronts two streets, namely Titiraupenga Street and Lake Terrace itself.
Lake Terrace frontage has been the most prestigious address in Lake Taupo since the early days of the settlement but over time the traffic levels increased to the point where noise disturbance was a significant deterrent. Since the bypass was put in the amount of traffic along Lake Terrace has dropped significantly, particularly the heavy vehicles that used to traverse this carriageway late at night and in the early hours of the morning. Now owners of properties fronting Lake Terrace can once again enjoy the superb benefits of the lakefront (opposite side of the road) location.
Taupo Ika Nui Resort location is considered advantageous given its close proximity to the retail, bars and restaurants in the town centre. It is far enough away to not suffer from continual disturbance around the entrances to bars and restaurants but such an easy walk. Guests can also walk to the retail outlets including the local supermarkets.
Being located along Lake Terrace many units get lake views down to the mountains in National Park. The guests have the convenience of just crossing the road, traversing the bank and swimming in the wonderful fresh water of Lake Taupo.