For Sale

Lot13/2343 Cove Road, Mangawhai, Northland

3
2
238 sq. ft.
1325 m²

House

•

30+ days on the market

What's around Lot13/2343 Cove Road

Mangawhai Hills Showhome

Three year leaseback with a 5% net return p.a.* in one of NZ's strongest growth areas. Planning to move to the winterless north but not quite ready? Plan your next move whilst banking the income for 3 years. This is a genuine one off opportunity to secure a flagship showhome investment within New Zealand's most forward-thinking, master-planned community, complete with a guaranteed three-year commercial leaseback in place. Mangawhai Hills spans 185 hectares of breathtaking natural landscape - from sea views to the foothills of the Brynderwyn Range. Generous sections, solar-ready design, native bush tracks, cycling trails, and rewilded wetlands converge to create a self-sufficient community where sustainability and lifestyle are truly restorative. This brand new architecturally designed 240sqm showhome sits on a substantial 1,326sqm freehold site and currently operates as the Mangawhai Hills Experience Centre. The lease provides secure income with the tenant covering all outgoings, including Kaipara District Council rates — delivering a low-maintenance, hands-off investment. At lease expiry, the building will be professionally converted back to a residential dwelling, offering clear exit flexibility: retain as a premium home, landbank, resell, or occupy. Investment Highlights - $100,000 net rent p.a.* 3-year leaseback* Tenant pays all outgoings (incl. council rates) Freehold 1,326sqm site 240sqm high-spec architecturally designed home Builder warranty balance transferred on settlement Guaranteed conversion back to residential use at lease end Constructed by respected local builder Stylish Homes, this high spec'd home features high-stud open-plan living, three bedrooms, two bathrooms, stone benchtops, fully tiled bathrooms, a butler’s pantry with a Zenith HydroTap, and luxury wool carpet throughout. The master suite includes walk-in wardrobe, ensuite, and private deck access. Sustainability adds long-term value, with a 22kW solar system, EV charging, dual 25,000L underground water tanks, and a proven Innoflow septic system. Positioned minutes from Mangawhai’s surf beaches, golf courses and village amenities, this is a premium Northland asset offering both income certainty and future lifestyle upside Secure income today. Lifestyle option tomorrow. * Conditions Apply

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