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Waiheke Island

12 Te Toki Road, Palm Beach

Price

NZD$1,300,000

Property ID WAI11208

Key Features

  • Subdivision potential
  • Tenancy in place with 4 bdrm home
  • Close proximity to Palm Beach
  • All day sun, rural outlook

bed

4

bath

1

car

6

land

3585 sq m


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There's no doubt upon arrival that the future of this property lies with how you decide to continue development. Sub-division potential within easy walking distance of Palm Beach is a rarity and with 3,585 sq m. (more or less), easy contour and completely cleared land this is as simple a sub-division proposition as you can get. The solid four bedroom home has been sited perfectly with the sub-division option at the forefront of planning. As with all re-located homes the advantages are brand new piling, water tank, electrical and plumbing work as well as septic tank and field. The house has some nice retro touches and a light cool island house ambiance and is currently generating a rental income with an excellent tenant in place who would elect to stay on if possible.
The aspect is west facing and the sun tracks over the property all day, the outlook from the elevated rear of the section includes a water view and the entire site overlooks picturesque rural land. Future landscaping will be a dream, the proposed sites will be of generous proportion allowing for substantial build footprints. Landscaping will enhance both properties and ensure the ultimate in privacy. Moving forward this is an exciting prospect with multiple options all within 1km of Palm Beach.
The vendors have a change of direction and have priced understanding that value has to stack up for a purchaser and they've allowed generously for cost of development and invite offers.


Lisa Hopewell

Lisa Hopewell

Waiheke Island

Cell Phone+64 27 451 8887

Emaillisa.hopewell@nzsir.com

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Clive Lonergan

Clive Lonergan

Waiheke Island

Cell Phone+64 27 499 3278

Emailclive.lonergan@nzsir.com

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