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Pakatoa Island, 50 million NZD + GST (if any)

$ 50,000,000 Excluding GST
1 Pakatoa Island, ,
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Overview

  • Updated On:
  • November 21, 2022
  • 6 Bedrooms
  • 6 Bathrooms

Description

Development Potential, Buy This Unique New Zealand Property

Freehold Private Island, So Close to Auckland – Book Your Private Appointment to View – Call Now: Stephen Hudson 0274 746 774

Pakatoa Island, situated between Coromandel and Waiheke Island in the beautiful Hauraki Gulf, approximately 40km from downtown Auckland in New Zealand.

This private island on a freehold title waiting a new owner, 24.0787 ha of land (approx 60 Acres) with resort potential and three private white sand beaches, complete with 62 accommodation units, staff quarters, tennis courts, squash courts and a 9 hole golf course …..

This was a resort holiday and conference facility about 20 years ago when this current owner purchased as a private holiday resort for his family and friends to enjoy, although the property has been loved and cared for by a live in caretaker the buildings and facilities have not been utalised as a holiday resort since.

But with some new investment the island can easily be transformed into a new holiday destination resort or business conference centre or alternatively remain as a private haven for a family or investment consortium.

This is an absolute once in a lifetime opportunity to purchase a unique piece of New Zealand Property that might never be offered for sale again.

The price is firm at NZD $ 50 million dollars + GST

General Information

Located in the Waitemata Harbour, Pakatoa Island is approximately 32 kilometers from Auckland City. It is one of the very few islands privately owned in the Hauraki Gulf as most islands are held by the Crown as reserve and park land. The island was developed as a resort destination in the 1950s and now offers the opportunity to redevelop its tourism potential or provide an exclusive piece of commercial usable water-related land in New Zealand.

This offering therefore represents a rare opportunity to acquire an exclusive piece of real estate in New Zealand.

Property Description

The island provides in excess of 24 hectares of undulating land rising from the sea level to a high point of approximately 56 metres.

Pakatoa Island is endowed with two attractive beaches on the east coast and one to the north adjacent to the existing wharf facilities. At least one of these beaches is sheltered at all times due to the position of the island, which has a generally northerly aspect. The predominance of buildings currently on site are located to the lower northern part of the island with the chalets constructed on the high ground and open grassland occupying the southern half of the island. The island is extensively landscaped with large stands of native and pine trees, various types of palms and large open areas of grassland. Marine access to the island is serviced by a substantial modern wharf jetty and the island is serviced by a sealed road system.

The Buildings

The public areas include a restaurant and coffee bar, takeaway foods, tourist license bar and lounge bars together with kitchen facilities, entertainment and conference centre, reception, offices and shop. A swimming pool is also located within this area.
Staff amenities and facilities areas are supplied together with maintenance buildings and general storage.

Accommodation on the island consists of 24 beach side cabins and 38 2-3 bedroom units, all buildings constructed by Lockwood, a superior timber frame construction method unique to New Zealand featuring natural timber interior finishing. The 2-3 bedroom units are located on the slopes of the island and all have very good views. All units are fully self-contained.

General construction of all structures on the island comprise the typical New Zealand light timber style.

Framing of the structures in simple with proprietary weatherboard exterior cladding predominantly aluminium joinery and tiled roofing while interiors are flush lined with natural finish timber surfaces and timber flooring.

All facilities are provided on the island. Power reticulation is provided by two diesel generators.

Fresh water is provided from four underground bores supplemented by rain water collected from roof tops and stored in a number of large capacity tanks. A sewage treatment plant and drainage system has been constructed to specification for the existing size and use. A television translator is installed and telephone system provided.

The existing buildings and resort were opened to the public early in 1965 having been constructed over the latter part of 1964.

The island had been run in recent years as a self contained visitors facility with facilities and buildings designed to cater for both day or overnight visitors.
Recreational facilities include previously mentioned beaches and pool, 2 mini tennis courts, a bowling green, squash court, gymnasium and solarium.

The resort facility has been closed in recent years.

The property is presently supervised by a resident caretaker.

For all enquiries contact

Mr Stephen Hudson
0274 746 774
[email protected]

Licensed Sales Consultant
Licensed REA 2008

Viewing is at the expense of the purchaser and normally via hired helicopter from Albany return at the cost of approximately $2,500-00 for the day trip.

Address: 1 Pakatoa Island
Area:
State/County:
Country: New Zealand
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CV (Capital Value): $28,000,000

Contact Me

Schedule a showing?
Call + 64 274 746 774 WhatsApp
Viewing Strictly By Appointment Only
Property Id : 30001
Price: $ 50,000,000
Property Size: 0 m2
Property Lot Size: 240787 m2
Bedrooms: 6
Bathrooms: 6
Other Special Features: Pakatoa Island operated as a holiday resort and business conference centre almost 20 years ago, this current owner has utalised the facilities as a private holiday resort for his family and friends with a caretaker living on site to maintain the grounds and buildings. All is to be sold in an as is condition basis. This has huge development potential to re-establish as a holiday resort and business conference centre or to develop as an exclusive holiday home destination
Estate: Fee Simple
size-units: m2
DP: 0
Is GST applied?: no
Method of Sale: For Sale with Price
Property Listing Status: For Sale (By Licensed Agency)
Unique Identifier or CT: NA778/245
$0.00 $0 360 $0.00 $0.00

Disclaimer

The New Zealand Incorporated Companies involved with this website; Hudson Global Limited, New Zealand Property Limited, Home Limited and Spectreum IT Limited, state with this disclaimer that all information is provided directly by the advertisers and the purchaser agrees when they enquire to purchase any property, that they agree to conduct their own property investigations (due diligence), including where applicable seek legal advice, check local council records and engage professionals to investigate the state and condition of building(s), you should be satisfied that any adviser or building inspector providing you with a report that this is to the New Zealand Standards and the provider is covered by professional indemnity insurance, conduct all checks and seek legal advice before you commit to buying any property.

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Stephen Hudson