


Listing Description
Lifestyle with Excellent Development Opportunity.
111 State Highway, Paraparaumu, Kapiti Coast, Wellington
Asking price $1,450,000
Details
Attribute | Value |
---|---|
Property type | Dwelling |
Parking | Garage + off street parking |
Agency reference | K4754 |
Description
The property offers a fantastic opportunity to either subdivide and develop the lush 1.9Ha site or just embrace the lifestyle on offer and and make the cottage home or build on the site, and enjoy a wonderful environment where Spoonbills visit the ponds, Kereru sit atop the fruit trees, and the Morepork call from the darkness at night. The Cottage: The farm cottage has plenty of character and was extensively renovated in 2016. The open plan kitchen and dining area get excellent natural light and open out, to a spacious outdoor deck with stunning views of the Nikau Valley across the road. There are 3 good, sized bedrooms and a well presented bathroom , with heating provided by way of a wood burner. There is a Separate studio that is ideal for working from home, plus there is a single garage and workshop space.
Development Opportunity: The 1.9 Ha site has Mixed Use zoning and suitable for possible subdividing, developing, or land-banking with a passive income source from a communication tower, generating $12,000 per year and the cottage currenety returning $2,160 per month. A large portion of the property is elevated, with sections having panoramic views of both Paraparaumu and Kapiti Island. The property is currently accessed off Lindale Drive, with possible access off the old State Highway, subject to KCDC council approval.
The Located: You are only 2 kilometres from central Paraparaumu, 5 kilometres from the beach, and a 45-minute train or drive from downtown Wellington, amenities available include the train station, grocery stores, restaurants, banks, bus stops, and the local mall making the property perfect for those seeking a lifestyle escape with urban convenience nearby. Waikanae is also just a short distance from the property's front door.
Proudly Presented For Sale by Steve Manson and Rose Hu Tommys Real-Estate Kapiti
***** VIEWING BY APPOINTMENT ONLY ******
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