Tommy's Real Estate Kapiti
Real Estate Agents
- Listing #:
- L34384086
- Listed:
- 268 days ago
B.E.O $1,295,000
Lifestyle Living Just 5 Minutes from Town
111 State Highway, Paraparaumu, Kapiti CoastOther
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- 3 Bedrooms
-
- 1 Bathroom
-
- 1 Toilet
-
- 1 Car Garage
-
- 80m2 Floor Area
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- 1.9 Hectares Land Area
About this property
Set on a generous 1.9-hectare site, this property offers an outstanding lifestyle opportunity just minutes from the town centre.The charming farm cottage is full of character and features open-plan living, three well-sized bedrooms, and a well-presented bathroom, with heating provided by a wood burner.
Step outside onto the deck and enjoy stunning views across the Nikau Valley Reserve. The property offers a truly special environment, where spoonbills visit the ponds, kererà « perch in the fruit trees, and the call of the morepork fills the evening air.
Parking is well catered for with a garage and workshop, and a separate studio provides an ideal work-from-home option.
There is potential to on-sell a 0.5-hectare parcel of land to an adjoining neighbouring property.
The Mixed-Use zoning also allows for possible subdivision, development, or land-banking, with the added benefit of a communication tower generating approximately $12,000 per annum in passive income. The cottage currently returns $2,160 per month.
Access is currently via Lindale Drive, with the possibility of alternative access from the old State Highway, subject to Kāpiti Coast District Council approval.
Conveniently located just 2 kilometres from central Paraparaumu, 5 kilometres from the beach, and within a 45-minute drive or train commute to Wellington CBD. Waikanae is also just a short distance away.
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