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76 Waterfront Drive, Mangonui, Far North

Tender

480m²

2,942m²

Waterfront Plus Income

One of the finest properties in Mangonui, and on the market for the first time in 50 years! Elevated position looking into the heart of Mangonui, you're sitting in pole position with a unique blend of luxury living and four additional streams of income.

The home has been built in a commanding position overlooking Mangonui township with views across the water and beyond to Hihi. Designed with the views and light in mind the home ensures comfortable living with small design features like the slate flooring in the conservatory heating the living spaces. The main house features a spacious four-bedroom two-bathroom home with modern kitchen and stunning views across the harbour. Three bedrooms on the top storey and fourth with separate bathroom and laundry on the ground level, make this an ideal self-contained area. In addition, there is also double garaging beneath.

Set on 2,943 sqm of prime real estate, there has been significant investment in infrastructure with stunning retaining walls, attractive driveway and your own fresh water bore.

Zoned commercially the property also Includes four separate units with the opportunity to generate in excess of $60,000 per annum (plus GST and outgoings). Previously run as a motel, this could be returned to managed accommodation for the future owner or left as long-term commercial leases. The current vacancies in two units reflect the owner's intention to sell with the flexibility in mind.

Mangonui is a charming historic village located in the magical Far North of New Zealand. Known for its picturesque harbour and vibrant community, Mangonui offers a peaceful lifestyle with easy access to local cafes, shops, and scenic walks. The property is conveniently located just a short drive from Kerikeri, approximately 45 minutes away, providing additional amenities and services including the Bay of Islands airport.

Don't miss out on this rare opportunity to own a piece of paradise with a built-in income stream.

Tender closing 12:00 pm, 21 November 2024 (Unless Sold Prior) - 66a Kerikeri Road, Kerikeri.

Additional details

Type

Home & Income

Property ID

L31351676

Listed on

25/10/2024

Updated

26/10/2024

Data

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OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Floor area

480m²

Land area

2,942m²

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Mangōnui, Far North

Mangonui is a suburb which lies within the Territorial Authority of Far North, one of 59 residential suburbs which form the wider region. Mangonui is the 10th largest suburb of Far North in terms of the total number of residential housing stock. Mangonui provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1890 - 1899. The majority of the residential housing stock in the locality was constructed between 1990 - 1999. Residential housing stock in Mangonui is made up of approximately 64% residential housing , 2% residential investment housing and 34% lifestyle properties.

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