Discover the beauty of rural living with this lifestyle block in a lovely area, close to the picturesque Waimamaku settlement. The property features an old cottage (160m²) with decks and great rural views, situated on a nearly flat 3.1 ha (3.1 ha as a 1/2 share of 6.2 ha). It includes access to a creek and is mainly used for grazing, with pretty gardens around the house. The land and fences need some tidying up. The property is located on a gravel road, about 400 meters off SH 12, and is within walking distance to the township.
The available services include mains power, a sewerage tank, and a plastic water tank. There is easy access with a drive, a turnaround area, and off-street parking.
The title is a cross-lease (Flat 2, for 999 years commencing 1 October 1997) and is defective due to additions and decks beyond the flat plan, which need to be updated with the approval of the other cross-lease owner (of Flat 1). There may be potential for subdivision into two freehold titles, but this would require the agreement of the other cross-lease owner. Consultation with a surveyor is recommended.
The rustic native timber house is in poor condition and has been poorly maintained. It requires substantial renovations or could be redeveloped, with the option to demolish the existing house and build anew on the same footprint. The dwelling includes 2 bedrooms and 1 bathroom. The original square villa part has been stripped of all walls and is currently used for storage. The building dates from 1910-1919 with 1980s additions (decks, kitchen, and tower). A settlement period of a minimum of 90 days from unconditional is required.
This property represents a great investment at this price, offering the chance to create your own rural retreat. The township is within walking distance, and Waimamaku or Opononi beaches and the harbor are just a short drive away.
Asking price $270,000
Mid North Real Estate Ltd are delighted to welcome Monika Naera to the team. A specialist in the Hokianga, Monika lives in the area and welcomes all of your Real Estate inquiries. Call her now. You will be glad you did.
M. 021 034 8440 P. 09 401 0895
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