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8 Sullivans Road, Paihia, Far North

$1,985,000

3,134m²

Freedom, Luxurious Living and a Built-In Income

Step into a highly desirable Bay of Islands lifestyle with this enviable, income-generating property. Embrace the opportunities of coastal living paired with a profitable, ready-to-go business at this multi-faceted property:

• Main Dwelling: A beautifully renovated two-level residence with chic, modern design for comfortable living.

• Self-Contained Apartment: Located on the lower level of the main house with its own private entrance, this fully furnished two-bedroom apartment is ideal for holiday guests, or extended family or friends.

• Separate Cottage: A two-bedroom, fully furnished cottage with attractive amenities, offers additional income or multi-generational living.

The current owners are offering a turn-key operation for the units including their established website and invaluable tips to help achieve a seamless business transition.

Nestled on an elevated site surrounded by native bush, the property boasts stunning views of the water and Paihia's charming township. Within walking distance of pristine beaches and a short drive to Paihia Town, Opua Marina, and the Russell-Opua car ferry, it's at the gateway to the best of the Bay of Islands.

Whether you're an investor, semi-retired, game fishing charter, tourism operator or professional couple, this property meets diverse needs of attracting a myriad of holiday guests or, creating a large family haven with space for grandparents, teenagers, and caregivers. For those buyers seeking a holiday retreat for family and friends this is a world-class destination; or, for Fly-In, Fly-Out workers this is a perfect lock up and leave or with a caretaker in residence to operate your holiday accommodation whilst you are away.

Whether you're looking for financial independence, a change of pace, or a chance to grow a successful side business, this property offers a multitude of options. The hard work has been done - it's ready for you to make that move you've dreamt about!

Additional details

Type

Home & Income

Property ID

PAH30488

Listed on

02/02/2025

Updated

04/03/2025

Data

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 100 days (last updated on 2 February). OneRoof now estimates this property to be $1,985,000 and its latest rating valuation by Far North council is $2,025,000 as of 2022. This property has appeared in 1814 searches in the last 30 days. There are 11 7-bedroom properties for sale nearby. There are 118 properties for sale in Paihia.

Property data

Broadband available

Floor area

338m²

Land area

3,134m²

Type of title

Freehold

About the area

Market insights

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Time (yrs)

5 yrs

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Paihia, Far North

Paihia is a suburb which lies within the Territorial Authority of Far North, one of 59 residential suburbs which form the wider region. Paihia is the 6th largest suburb of Far North in terms of the total number of residential housing stock. Paihia provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 1980 - 1989. Residential housing stock in Paihia is made up of approximately 89% residential housing , 8% residential investment housing and 3% lifestyle properties.

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