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Paraparaumu 111 State Highway 1, Paraparaumu

3 Bedrooms1 BathroomID KPL188478
By Negotiation

Lifestyle with development opportunity

Development opportunity in this lush 1.9 ha subdividable land parcel and cottage located just two kilometres from the Paraparaumu train station.

This land is suitable for subdividing, developing, or land-banking with a passive income source from a communication tower, generating $12,000 per year. A large portion of the property is elevated, with sections having panoramic views of both Paraparaumu and Kapiti Island. The property is currently accessed off Lindale Drive.

The historic three bedroom farm cottage (extensively renovated in 2016) has a wood burner, lots of natural light, stunning views of the Nikau Valley across the road, a kitchen/dining area that opens to a spacious outdoor deck, and a separate studio ideal for working from home. Spoonbills visit the ponds, kereru sit atop the fruit trees, and the morepork call from the darkness at night. Perfect for a small family or couple, the cottage is currently renting at $2,720 per month.

Located only two kilometres from central Paraparaumu, five kilometres from the beach, and a 45-minute train or drive from downtown Wellington, amenities available include the train station, grocery stores, restaurants, banks, bus stops, and the local mall making the property perfect for those seeking a lifestyle escape with urban convenience nearby. Waikanae is also just a short distance from the property's front door.
CHATTELS  Bath - Freestanding   |   Clothesline   |   Drapes   |   Hob/cooktop - Gas   |   Light Fittings   |   Range Hood   |   Refrigerator   |   Smoke Detectors   |   Washing Machine Taps
Features
Land | 1.9 hectares(4.7 Acres)LV | 990,000RV | 1,590,000
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Harvinder Singh (Harry)

M  022 104 7762  P  

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Harvinder Singh (Harry)
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