South Taranaki HOME AND INCOME; Tourism-tourism!

22 Mawhitiwhiti Road, Normanby, South Taranaki, Taranaki

Buyer Enquiry Over $750,000.00

Details

Description

Tourism is about to become the big winner: Have a home and income all in one!

HOME AND INCOME; SPACE and SECURITY in 'Matariki' (original name of Normanby. Hawera South Taranaki). Houses cost a lot... and here is one that by comparison doesn't. Smart thinking persons have an opportunity while the market is flat, but you must act now! Eternity is only for ghosts.

The PERFECT abode for a savvy investor seeking a convenient, easy care and wonderfully spacious building, with excellent prospects. Currently owned by an internationally renowned art photographer. Listing price includes new stove, cooktop, wall oven, 3 new fridges... 5 very clean beds, drapes: some antique Persian carpets, wall fixtures, some furniture, light fittings...

Are you an Art Connoisseur? Buy the entire building - art works included (almost all) ... it might be the savviest investment you make!

Ready for use as an Airbnb, restaurant, shop, nightclub, club headquarters, walk-in home... Or all-in-one!

The 3 separate (interconnected) areas include -

UPSTAIRS 4-5bdrms/kitchen/bathroom/lounge/mountain viewing deck

DOWNSTAIRS- 2 large high ceiling lounges- dining/living - with triple sized bedroom - walk-in shower/toilet, commercial kitchen/pantry/study - sunroom extra living..

BEDSIT- independent access/ large room/kitchenette/shower/bathroom/toilet ext access to garden/pool. Estimated income - Tourism high season; $500-$600 per night.. As a Lodging; reg valuation @ $126,000.00 p/a

Fully renovated: new carpets, wiring, plumbing, roof, decor, rim foundations, Heart timbers throughout. Insulated, double-triple glazing, heat pump, excellent wood-burner, fruit and native/exotic trees planted... the list goes on. Good for many a year to come.

"Commercial property has become increasingly popular with Mum and Dad investors, offering higher returns than residential properties." "Rethink Group chief executive Scott O'Neill said there were compelling reasons for investors to favor commercial over residential property, which had seen a cooling off in recent years. And obviously thousands of other investors are seeing the same value." He said the Property Council New Zealand's 2024 report valued the commercial property sector at $350 billion with a forecast to grow to $399.5b this year, with an annual 3.72 percent growth rate through to 2029.

EXTERIOR: An inground salt-water swimming pool set in quarter acre of grounds - lawn, garden, carport; studio. This, in conjunction with THREE independent yet interconnected LIVING areas (Interior) makes it attractive for tourism use.

Upgraded to 2025 plus standards. Modern design in Maximalist style; reflecting the current international trend in home decor.

The photos of Mt Taranaki - as shown in the picture display - were taken from the upstairs window. A priceless addition to owning here.

RV 600k. Insured registered value: $2.3mill (replacement). Rates approx $3000p/a. Monthly electricity costs approx $300. Gas hot-water heating - approx $300 p/a.

Close to: Shopping/amenities, hospital, beach, golf course, the outdoors. An easy drive from Wellington city.

The vendor has owned numerous high-quality properties and knows about buildings. 'Whoever acquires this property will be rewarded with a truly unique and excellent long-term investment, plus a ready income, should a commercial Airbnb set up be desired'.

This is a property for a person who loves 'architectural-historical time-capsules, unique-quality, spiritually uplifting vistas, artistic-vision married to practicality...

TERMS-OF-PURCHASE AND PRICE-NEGOTIABLE FLEXIBILITY - all offers will be considered. 

  1012m² Land

  440m² Floor

Buyer Enquiry Over: $750,000.00 (ono)

For more information, to arrange to view and discuss price and terms of an offer please contact:

Stephen Hudson
0274 746 774
REA Licensed & MREINZ

New Zealand Property Limited
Licensed REAA 2008

• State/County South Taranaki
• Zip South Taranaki
• Country New Zealand

• Estate Fee Simple

• Property Id 1000072
• Estate Fee Simple
• GST applied? Yes
• Property Listing Status For Sale (By Licensed Agency)

The New Zealand Incorporated Companies involved with this website, New Zealand Property Limited, Source Infinity Limited and Hudson Global Limited state that all information is provided from vendors and third party sources. While care has been taken to source this information, in the preparation of this website, and the content displayed, no responsibility is accepted for the information included on the website. New Zealand Property Limited makes no representation, warranty or undertaking concerning the accuracy, completeness or up to date nature of the information provided.

Interested persons should make their own property enquiries and satisfy themselves in all respects about any information that is of importance to them and seek both Legal or Professional Advice as part of their own Due Diligence Investigations. New Zealand Property Limited accepts no liability whether direct or indirect for any loss or damage a person suffers because that person had directly or indirectly relied on any information provided on this website.

We recommend all property buyers undertake their own property investigations (due diligence) before contracting to purchase a property, including where applicable seeking legal advice, checking Local Council records and engaging professionals to investigate the state and condition of building(s), you should be satisfied that any adviser or building report is to the New Zealand standards and the provider is covered by indemnity insurance, before you commit to buying any property.