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89 Dehra Doon Road, Riwaka, Tasman

$995,000 + Plus GST (if any)

104m²

6,312m²

Investment opportunity – three separate chalets

For your next investment, consider these beautifully presented chalets, nestled seamlessly into the hillside, overlooking sprawling countryside and orchards.

Currently returning a weekly, gross rental income of $430 for each chalet ($1,290 gross per week, in total). There is potential here to consider whether additional revenue could be sought by utilising the likes of airbnb.

Built in 2021 the chalets are similar in style, design and size - 1 and 2 are 32 square metres, while chalet 3 is 40 square metres to accommodate wheelchair access.

Chalet 1 has the living area on the right and bedroom on the left while chalet 2 has the reverse.

The ensuite bathrooms in both chalets are identical, featuring a shower, vanity and toilet and having sliding door access from the bedrooms.

The bedrooms have a large, tinted window that captures the views and a smaller horizontal window above the bed. A wooden door separates the bedroom from the living.

The living area is flooded with light and heated/cooled by a Mitsubishi heat pump. There is enough room for a small dining table and a two-seater couch. A sliding door opens to a wooden terrace with space for a couple of chairs.

The kitchenettes differ slightly between the two chalets - chalet 1 has a full-size fridge and dishwasher; while chalet 2 has an under-bench fridge only.

Chalet 3 has the larger footprint to include wheelchair-accessible features like an exterior ramp, wider interior doors, a larger bedroom and a wet floor bathroom. The kitchenette has the same setup as chalet 2.

Although the outlook is delightfully country in feel, you are but a minutes’ drive from State Highway 60, your gateway to Motueka or scenic Golden Bay. The golden sands of Kaiteriteri beach are only 10 minutes away.

Potential investors interested in taking advantage of this appealing opportunity should contact the Team for a private viewing.

Additional details

Type

House

Property ID

4005141

Listed on

12/02/2024

Updated

29/07/2024

Data

Property insights

OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Land area

6,312m²

Type of title

Freehold

Decade of construction

2020s

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Time (yrs)

5 yrs

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Motueka, Tasman

Motueka is a suburb which lies within the Territorial Authority of Tasman, one of 32 residential suburbs which form the wider region. Motueka is the 2nd largest suburb of Tasman in terms of the total number of residential housing stock. Motueka provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Motueka is made up of approximately 89% residential housing , 1% residential investment housing and 10% lifestyle properties.

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