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111 State Highway

Paraparaumu Wellington

3
1
1
80 m²
1.92 ha.
Other
Currently for sale - view listing

Overview

Lifestyle Living with income potential.

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. Parking is well catered for with a garage and workshop, and a separate studio provides an ideal work-from-home option. 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, kerera perch in the fruit trees, and the call of the morepork fills the evening air. The land offers a number of prime building site to with the possibility of alternative access from the old State Highway, subject to Kāpiti Coast District Council approval. Income potential: • 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. • The communication tower generating approximately $12,000 per annum in passive income. • The cottage currently returns $2,160 per month. 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. Proudly presented for sale by Steve Manson.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
80 m² floor area
1.92 ha. lot size
Other

Happy sellers in Paraparaumu

75%
75% of sellers in Paraparaumu reported that their sale price either exceeded or met their price expectations.

Paraparaumu stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 102 reviews in Paraparaumu over the last 12 months.

Local market activity for 3 bedroom other properties in Paraparaumu

In the last 12 months, 19 three-bedroom other properties similar to 111 State Highway, have been sold.

This represents a 6% increase in three-bedroom other properties sales when compared to the previous 12 months.

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