This unique income-generating property presents an outstanding investment opportunity, strategically positioned on 8,315m² of freehold land with prominent exposure on State Highway 10, just minutes from the Kerikeri township and Waipapa.
The property currently generates gross rental income of approximately $220,000 + GST (where applicable), with clear potential to further enhance revenue. Configured with 20 established accommodation sites, it includes a well-appointed main dwelling, three established cabins, and four newly constructed cabins. The property enjoys consistent occupancy and delivers reliable, repeatable cashflow. The business has been restructured to operate as a closed office with medium to long-term stays only, delivering a low-input, hands-off model that offers investors a passive return with scope for future growth.
Recent owner-led improvements have further enhanced the asset and its appeal, including the four new cabins, a new outdoor wash-up area, undercover communal lounge, extensive decking, fencing, and landscaped grounds. These upgrades support strong occupancy retention and long-term performance. The property is well supported by existing infrastructure, including connection to the Kerikeri Irrigation Supply, two septic tanks, and four water tanks, ensuring efficient and sustainable operation.
Well located, income-secure, and underpinned by scale and infrastructure, this is a compelling investment proposition offering ongoing performance and future flexibility. Properties providing this combination of location, income, and landholding are tightly held within this high-growth corridor.
Priced to sell.
$1,650,000 + GST (if any)
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