Estuary Place Cottages, 6b Iwa Street, Mapua offers one of the most compelling boutique accommodation development opportunities in the Tasman region. Just steps from the iconic Mapua Wharf, this premium coastal site combines an unbeatable location with multiple pathways for income generation and long-term value.
On a 1,210sqm (approx.) freehold site with excellent sun and direct links to Mapua's waterfront precinct, this property is fully consented with services in place. With the vendor completing the remaining stormwater and wastewater connections, a new owner can progress construction immediately in one of New Zealand’s most sought-after coastal towns.
THE PROPERTY
Two units are already built: one beautifully finished 2-bedroom, 2-bathroom cottage currently achieving up to $400 per night during peak season, demonstrating the calibre of the planned development. The second unit is close to completion, allowing a new owner to quickly add value. Foundations for three additional units are in place, enabling immediate progression without consenting delays.
The site offers excellent flexibility: operate as boutique visitor accommodation, establish a freehold going concern, or sell units individually through the Estuary Place Limited structure. Strong Mapua accommodation demand and limited supply reinforce the long-term strength of this prime coastal location.
Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.
We would welcome your enquiry on this Land, Buildings & Consent for sale in Mapua via our website or direct to JAN GRANT P: 03 553 1018 M:027 544 1949 E: [email protected].
