Discover Waipukurau. We call it home too. For all things real estate, think PB.

Heading to auction in a central Waipukurau location, 86 Racecourse Road is the type of property that immediately sparks ideas for builders, developers, and forward thinking investors. Owned by the same family since 1991, this is a genuine and bittersweet goodbye that now opens the door for someone new to bring fresh vision and energy. Opportunities like this do not come up often in tightly held streets where location does much of the heavy lifting for you. Set on a cross lease title and residentially zoned, the property includes an existing three bedroom home and a separate garage, providing a practical base to work from while you plan what comes next. Whether you choose to renovate and add value, modernise and hold as a rental, or explore redevelopment potential, the foundations are already here. The functional layout offers a starting point for improvement, while the positioning is what makes this offering particularly compelling. Close proximity to town amenities, schools, shops, and services means this address will always appeal to both owner occupiers and tenants, supporting strong resale and rental demand into the future. With a current CV of $360,000, this is a property where smart buying, effort, and vision can be genuinely rewarded. Buyers who understand potential will quickly recognise what could be achieved here with the right plan. This is not simply a home for sale. It is a project, a prospect, and a prime opportunity in one of Waipukurau’s well established locations. You need to be in it to win it. Come to auction day ready to bid, because this is where opportunity meets action.

Auction 06 March 2026

From the moment you arrive, you sense this is no ordinary property. Every detail, inside and out, has been thoughtfully designed to curate a home and garden that is as functional as it is beautiful. At the heart of the expansive living spaces is a stunning kitchen with generous bench space, exceptional storage with clever pull-out pantry systems, quality appliances, including a double door fridge with ice maker, large breakfast bar, and a bi-fold window opening wide to the covered outdoor entertaining area and gardens beyond. A second "summer" lounge with formal dining area is bathed in sunlight and opens through sliders on two sides to multiple outdoor entertaining areas. There are four double bedrooms, all with large wardrobes, and the master suite is a luxurious retreat with a walk-in wardrobe and beautifully tiled ensuite featuring a double shower. There is excellent storage throughout, including smart wardrobe systems, attic space in the garage, and inbuilt cabinetry in both the dedicated office and separate laundry. Winter comfort is ensured with a freestanding Masport wood burner, heat pump, heat transfer system, and gas hot water. And then there are the grounds. Quite simply, they are magnificent. Stunning, established gardens showcase raised vegetable and herb beds, an impressive variety of pip, stone, and citrus fruit trees where every season brings something new to enjoy, and sweeping lawns framed by mature plantings, along with a garden shed, woodshed, storage container, potting table, and shade house. A meandering seasonal stream, crossed by two charming bridges and safely fenced from the main lawn, creates a tranquil backdrop to the completely private back garden. An optional above-ground pool, swing set, and pirate ship-themed playhouse promise endless enjoyment for children or grandchildren alike. Nestled well back from the road in a premium location, to the left is an easy stroll along the footpath to town. Head right and you connect directly to interlinking limestone trails, the mountain bike park, and river reserve. Rarely does a property delivering this level of completeness come to market. Prepare to be impressed!

By Negotiation

Nestled gracefully within 4,588m2 of exquisitely landscaped grounds, this extraordinary property delivers a lifestyle few can rival. Panoramic views sweep across Lake Whatuma, stretching uninterrupted to the Ruahine Ranges beyond - the views on offer are simply breathtaking. Step inside and you're welcomed by expansive open-plan living, where a wood burner creates warmth and ambience, and large windows frame the scenery like artwork. The beautifully modernised kitchen and dining area flow effortlessly to an impressive, covered portico - an entertainer's dream and the ultimate vantage point to soak in the views, this elevated outdoor living space is nothing short of spectacular. There are four beautifully appointed bedrooms, including a master retreat complete with its own ensuite and direct deck access and a self-contained flat downstairs with its own bathroom facilities to provide privacy and independence for extended family, guests, or potential Airbnb income. A dedicated office offers flexibility for work or quiet study, while retro-fitted double glazing ensures year-round comfort. Outdoors, the grounds are nothing short of magical. Manicured lawns roll gently among established specimen trees, curated garden rooms burst with colour and texture, and productive spaces include raised vegetable beds, a greenhouse, and woodshed. Completing the package is a double garage, carport, and an impressive three-bay shed with three-metre doors - ideal for high sided vehicles, boats, hobbies, or serious storage. Perfectly balancing peaceful semi-rural living with convenient access to town amenities, this is more than a home - it's a private sanctuary where exceptional views and unforgettable sunsets become part of everyday life. An opportunity not to be missed.

By Negotiation