Olde Beach Waikanae is one of the regions most sought-after coastal locations, prized for its warm sheltered microclimate, relaxed seaside atmosphere, established character and friendly community. With the stunning coastline, popular local eateries and everyday amenities close at hand, it's a location that continues to attract interest from holiday makers, homeowners, investors and those looking to secure a foothold in this desirable beachside community.
For developers and investors with vision, Marigold Cottage presents an exciting opportunity to secure a substantial 697m² corner site in a premium location.
Occupying the prominent corner of Tutere Street and Rauparaha Street, this property offers the kind of landholding that deserves closer attention. Its generous proportions, corner positioning and established beachside setting provide an appealing starting point for those looking to explore the possibilities of redevelopment, subject to planning rules, site constraints and council approval.
The existing 1930s two-bedroom cottage retains considerable history, character and charm, while two separate 10m² studios/offices provide additional flexibility for those seeking work-from-home space, creative studios or ancillary use. However, but for the astute purchaser, the bigger picture lies beyond the current dwelling. This could be an opportunity to create something new, unlock additional value or secure a strategic landholding for the future? The next chapter is yours to investigate.
With land in this established coastal location becoming increasingly difficult to secure, this is an opportunity to think beyond the present and consider the possibilities that a site of this size and position may offer. Rateable Value $910,000. ( 1st July 2026 ).
Tender close 2pm Wednesday 2nd December 2026 (not selling prior).
The Kapiti Coast District Council does not hold any building records or documentation on file. However, please feel free to contact me should you require a copy of the LIM report or further details regarding the Certificate of Title.
*Source (non-verified):
FLOOR AREA: Property Smarts
LAND AREA: Certificate of Title
RV: Quotable Valuation.
RATES: KCDC website
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