40 Marsden Road, Paihia

Owners' well past retirement - action wanted - seriously for sale!! We are delighted to be offering this prime 1467 sqm waterfront property. This is pure Paihia history, the last 19th century built property on Paihia's waterfront. The original cottage that forms part of the front house was built in 1884 and the additions were completed in the 1920s. The property comprises the much admired two story colonial building in the front which has an open plan three bedroom apartment on the first floor with sea views over to Russell and beyond and on the ground floor is JFC restaurant - there is no lease in place so the restaurant can be shut down if not required. www.jfcpaihia.co.nz A new owner could continue with the existing format or renovate the whole building into a wonderful grand homestead, all this across the road from the beach. And what a great location! On the waterfront, a 200 metre flat walk to Paihia village and over the road to the beach for that morning swim. At the rear of the property is a stand alone two level four bedroom family home run as a holiday home rental - a really good earner. There is approval in place to subdivide this home off should it not be needed. www.paihiabayofislands.co.nz There is something special about being able to walk everywhere, down to the wharf, jump on the ferry, lunch at The Duke and wander back home at a leisurely pace, it doesn't get any better than this. So, you're invited to come along and inspect the property and think how you could take advantage of purchasing, arguably, the only Paihia waterfront property that is available for sale and dream about what you could do with it. It could especially suit someone currently in hospitality looking for that special property out of the city, but what an outstanding grand colonial residence this property could become! ...