248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Hero Image
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248
Lichenstein Road
Okere Falls | Bay of Plenty

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Alan Duncan
Alan Duncan
Presented At
$4,700,000
Bedrooms
4
Bathrooms
2
Living
2,218
SQFT
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 1
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 2
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 3
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 4
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 5
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 6
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 7
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 8
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 9
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 10
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 11
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 12
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 13
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 14
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 15
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 16
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 17
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 18
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 19
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 20
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 21
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 22
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 23
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 24
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 25
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 26
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 27
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 28
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 29
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 30
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 31
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 32
248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. - Photo 33
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248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand. , Okere Falls , Bay of Plenty

248 Lichenstein Road, Okere Falls, Rotorua

Comprising 165.3 hectares, this well-established property was originally developed for dairy conversion and has since operated as an efficient dairy support unit. It comfortably winters 600–800 dairy cows along with 120 young stock, and produces approximately 25 hectares of winter crop annually. The effective farming area totals 145.4 hectares, with the remainder in forestry blocks.

The land offers mixed contour with extensive mowable areas. A well-formed metal race system provides excellent access throughout, leading to 51 well-fenced paddocks with strong pasture growth. Fencing is primarily three-wire electric, and water is supplied from a reliable farm bore via a 40mm ring main with storage tanks.

Farm infrastructure includes two substantial calf sheds capable of rearing up to 280 calves, partly enclosed stock yards, an implement and storage shed, plus a new 3 bay implement shed, adding valuable covered space for machinery or equipment.

The modern family home, built in 2013, features open-plan living, four bedrooms, separate double garaging, and enjoys superb rural vistas with glimpses of the sea. Situated just 25 minutes from Rotorua, this property combines functionality with lifestyle appeal.

Exterior

Property

3D Street View Tour

Map showing 248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand.

Property Location

248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand., Okere Falls Bay of Plenty

Local Weather & Climate

Okere Falls, Bay of Plenty

Current Conditions Updated recently
60 °F
Clear sky
Feels Like 60°F
Humidity 85%
Wind 1 mph
Visibility 6.2 mi
Sunrise 6:05 PM
Sunset 6:45 AM
5-Day Forecast
Sat 7 Mar
Clear
High 60°
Low 60°
Sun 8 Mar
Clear
High 69°
Low 49°
Mon 9 Mar
Clouds
High 74°
Low 54°
Tue 10 Mar
Clouds
High 68°
Low 48°
Wed 11 Mar
Clouds
High 67°
Low 46°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Okere Falls?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

NZ$
%
NZ$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Okere Falls. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $470,000,000 20% down ($94,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$40,387
$40,387/day
Your home may appreciate while you sleep
$283,486/week $1,228,438/mo $14,741,252/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$258.6M
vs
OWN 📈 +$366.9M
$366.9M Potential Equity
vs $258.6M lost to rent over 10 years
$94.0M Down Payment Growth
3.9x
10yr
$366.9M
8.1x
20yr
$759.5M
12.6x
30yr
$1,187.0M
Wealth Comparison
×2,826
Equivalent to 2,826 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $1,187.0M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $553.5M +18%
Market $640.1M +36%
Optimistic $738.6M +57%
$366.9M est. equity
20 Years
Conservative $651.9M +39%
Market $871.6M +85%
Optimistic $1,160.7M +147%
$759.5M est. equity
30 Years
Conservative $767.7M +63%
Market $1,187.0M +153%
Optimistic $1,824.0M +288%
$1,187.0M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 248 Lichenstein Road, Okere Falls, Rotorua, BOP 3074, Okere Falls, Bay of Plenty, New Zealand features 4 bedrooms with 2,218 square feet of living space.
This property offers 2,218 square feet of living space.
This property is listed at $470,000,000, which equals $211903 per square foot.
Based on current market indicators, Okere Falls shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Okere Falls, Bay of Plenty. The property is situated in an established neighborhood with convenient access to local amenities and services.
Alan Duncan

Alan Duncan

New Zealand Sotheby's International Realty

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