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Listing Description
Income, Lifestyle and Landholding Potential
500 Kamo Road, Te Kamo, Whangarei, Northland
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Property ID# | AEG258 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149730376&sellerId=0 |
Description
133 Bollard Road, Magnolia Park. Exceptional Tamahere lifestyle opportunity.
Income producing accommodation 4.16 hectares of space and potential Multiple dwellings and outstanding amenities A property to enjoy, operate and hold for the future
Welcome to Magnolia Park, an exceptional Tamahere property offering a rare combination of established accommodation income, substantial landholding, flexibility and long term potential.
Set across an impressive 4.16 hectares, approximately 10.38 acres, Magnolia Park is far more than a traditional lifestyle property. The property is currently operated entirely for Airbnb and visitor accommodation purposes, with the land and buildings thoughtfully configured to provide multiple accommodation options and a strong established income stream.
At the heart of the property is a substantial 433 square metre executive home, offering five bedrooms, three bathrooms, a main kitchen and additional kitchenette, triple internal access garaging, and expansive indoor and outdoor entertaining spaces. The property also features a swimming pool and summer house, creating an exceptional setting for entertaining, relaxing and enjoying the extensive grounds. The home has also benefited from a new roof and solar panels.
Separate from the main residence is a beautifully renovated, fully self contained three bedroom cottage, currently operating as additional visitor accommodation and contributing to the property’s established income.
There is also a purpose built log cabin, with the structural shell already complete and ready for its internal fit out. This provides an opportunity to create further accommodation, additional income or another flexible space for the future. For those needing serious storage, vehicles, equipment or workshop space, the property also features a very substantial and well appointed shed, adding another valuable dimension to the offering.
And then there is the land. At 4.16 hectares, Magnolia Park represents an exceptional landholding within the tightly held Tamahere lifestyle market. It is approximately eight times the land area of a typical 5,000 square metre lifestyle property. That scale creates an important longer term consideration, the potential to land bank.
For an astute purchaser, this is an opportunity to acquire a significant holding in a highly sought after location, with an established accommodation business providing income today, while retaining the potential for future value creation as the surrounding area evolves.
Any future development or subdivision would of course remain subject to planning provisions, zoning, infrastructure and the necessary approvals. However, the sheer scale of the land provides a level of optionality rarely found in the Tamahere market. Magnolia Park offers a compelling proposition for an investor, accommodation operator, family purchaser or someone looking to secure a substantial landholding for the future.
Established income. Multiple accommodation opportunities. A beautiful pool and summer house. Exceptional landholding. And genuine long term potential.
Operate it. Earn from it. Land bank it. This is Magnolia Park, 133 Bollard Road, Tamahere.
