19 Crescent Road West, Ostend, Waiheke Island, Auckland

Privately set in native bush minutes from Palm Beach, this fully upgraded A-frame and separate self-contained studio operate as two independent income streams on 1,785sqm of established land.

The A-frame has been carefully modernised while retaining its architectural identity. Elevated decking opens into surrounding canopy, creating a proven guest experience that consistently attracts repeat bookings and strong short-stay demand.

The studio is fully detached with its own entry and complete privacy. No shared walls, no crossover use, and full separation to maximise independent income potential.

Combined, the two dwellings deliver approximately 120sqm of upgraded, fully operational accommodation, set up for immediate income generation from day one.

Forecast returns of approximately $60,000–$80,000 per annum position this as a rare Waiheke opportunity where income and flexibility align at sub-$1M entry.

This is a property that performs while you are away. At this price point on Waiheke, that combination is tightly held.

Viewing by appointment, or at our Open Homes Saturday and Sunday 12:00–12:45pm. Contact Gianni at New Zealand Sotheby’s International Realty for further information.