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7 Ridgeway Terrace

Taradale Hawke's Bay

4
3
2
2681 m²
House
Currently for sale - view listing

Overview

Additional Income Opportunity With Executive Style

Positioned in one of Taradale West's most prestigious neighbourhoods, 7 Ridgeway Terrace presents a contemporary, near-new executive home offering flexibility, quality, and income potential within a thoughtfully designed layout. Cleverly configured for versatility, the home features a near-new Airbnb wing, privately positioned and separated by the double integral garage. This well-appointed addition includes a double bedroom, an open-plan kitchen, dining and living area, and a stylish tiled bathroom. With its own parking and grassed outdoor area, it is ideal for guest accommodation, extended family living, or a seamless supplementary income stream, offering exceptional flexibility and a strong income opportunity. Currently returning $600 per week as a long-term rental, this self-contained space provides an immediate and proven revenue stream for the new owner. Whether you choose to continue with the existing tenancy, operate it as short-term accommodation (subject to local regulations), or use it for extended family or guests, the options are numerous. This additional accommodation can help offset mortgage repayments, supplement your household income, or enhance the property's overall investment appeal. With a demonstrated rental return already in place, buyers can purchase with confidence, knowing the property has an established history of generating income. The main home is finished to a high standard and offers three double bedrooms and two bathrooms, including a master suite with a walk-in wardrobe and ensuite. The open-plan kitchen, dining and living area forms the hub of the home, showcasing stone benchtops and quality appliances, while being supported by both a heat pump and a fireplace for year-round comfort. Large doors extend this living space out to a deck and lawn, framed by established gardens and mature trees, while elevated views add an extra layer of appeal. Properties that combine quality family living with a genuine secondary income opportunity are increasingly sought after, making this a compelling proposition for homeowners and investors alike. Conveniently located close to Taradale's shops, schools, and amenities, and just moments from the iconic Church Road Winery and concert venue, this is a standout opportunity in a highly regarded neighbourhood. Viewings by private appointment only - Call Tania to arrange

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2681 m² lot size
House

Property history for 7 Ridgeway Terrace

2017
Sold
$230,000
10 Jul 2017

Happy sellers in Taradale

65%
65% of sellers in Taradale reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 122 reviews in Taradale over the last 12 months.

Local market activity for 4 bedroom houses in Taradale

In the last 12 months, 36 four-bedroom houses similar to 7 Ridgeway Terrace, have been sold.

This represents a 20% increase in four-bedroom houses sales when compared to the previous 12 months.

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