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133 Coulson Road, Paroa, Greymouth

Enquiries Over $1,250,000.00

6

4

6

8,288m²

HEART OF PAROA– HOME & INCOME

Set on an expansive 8,299m² freehold section, this beautifully maintained lifestyle property offers exceptional versatility in one of Paroa’s most sought-after locations. With multiple dwellings, sea views, and income streams already in place, it’s a rare find with endless possibilities.

The main home features four bedrooms, a standout modern kitchen, two bathrooms, and a separate laundry. Designed for comfortable living and effortless entertaining, it includes internal access to a double garage and a covered patio area perfect for year-round enjoyment.

A major drawcard is the fully self-contained one-bedroom unit, relocated in 2024 and being sold fully furnished. Currently tenanted at $400 per week, it provides instant income.

Also on the property is a freestanding unit currently operating as an Airbnb. With excellent forward bookings, this fully furnished retreat can continue as a profitable BnB or offer ideal accommodation for extended family, complete with its own amenities and designated parking.

The lifestyle appeal continues with a three-bay barn-style shed, built in 2021, featuring three automatic doors and a hoist—a dream setup for hobbyists, storage, or workshop use.

The land is divided into two paddocks, and—another bonus—the motorbike with mower is included, making maintenance a breeze.

With sea views, multiple income avenues, and the space to enjoy a true West Coast lifestyle, this property is an outstanding and versatile opportunity.

Additional details

Type

Home & Income

Property ID

GDR10387

Listed on

24/11/2025

Updated

24/11/2025

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 13 days (last updated on 24 November) and was last sold in 2019 for $376,000. OneRoof now estimates this property to be $1,040,000 and its latest rating valuation by Greymouth council is $1,115,000 as of 2024. There are 2 6-bedroom properties for sale nearby. There are 14 properties for sale in Paroa.

Property data

Broadband available

Floor area

190m²

Land area

8,299m²

Type of title

Freehold

About the area

Market insights

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Time (yrs)

5 yrs

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Paroa, Greymouth

Paroa is a suburb which lies within the Territorial Authority of Grey, one of 28 residential suburbs which form the wider region. Paroa is the 6th largest suburb of Grey in terms of the total number of residential housing stock. Paroa provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 2000 - 2009. Residential housing stock in Paroa is made up of approximately 73% residential housing , 2% residential investment housing and 25% lifestyle properties.

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