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Listing Description

Listed: Sat, 9 Dec

Home & Income Lifestyle Opportunity

2257 State Highway 2, Katikati, Western Bay Of Plenty, Bay Of Plenty

Asking price $1,200,000

Details

  •   3 Beds
  •   1 Bath
  •   13650m² Land
Other Features
  •   6+ Off-street parking
AttributeValue
Property type
House
Capital value (CV)
$950,000
Parking
14 off street carparks
Agency reference
PE00047
Broadband in the area ADSL, VDSL, Wireless

Description

If you're looking for cashflow, capital gain and commercial/residential lifestyle you must check out this unique offering. The main building, play areas and a portion of what was once the garage is leased out as a fully operational childcare business capitalising on the prominent main road location. This provides the new owner with a stable income through until 2027, renewable until 2032.

The remainder of garage is a studio suite and includes a toilet, shower and kitchenette.

Down the private driveway is a lush, fertile hideaway with unique living accommodation in the form of relocatable units. Two are set up as glamorous bedrooms, one of which has shower, vanity and toilet. Then there's a wonderful kitchen, dining and lounge unit which has an extra space currently used as an art studio.

There's a covered deck for outdoor entertaining plus the tropical gardens provide plenty of gathering or relaxing spaces. Pathways meander through the resort-like setting which wouldn't be complete without the glorious outdoor bath with hot and cold water.

A grapevine covered pergola leads to raised veggie beds, the home orchard and more sheltered spaces for other commercial ventures or projects. Sloping land with pine and native trees and a small bush track to the southern boundary overlooking a bird sanctuary and waterway adds a wonderful nature element to this spot.

Important Notices:

  • Buildings on the property may not be consented, meet building code, or be complying. Buyers are advised to seek legal and/or technical advice before entering into a binding contract.
  • The Purchase Price is Plus GST (if any).

Open home times

No times scheduled

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Agent's details

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Perry & Co Realty, (Licensed: REAA 2008)

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