Set on a generous 1.9-hectare site, this property offers an outstanding lifestyle opportunity just minutes from the town centre.
The 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.
assignmentLooking for more information on 111 State Highway?
Explore comparables, sales history and growth for this property.
