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114 Polson Hill Drive, Aokautere, Palmerston North City, Manawatu, 12 Bedrooms, 4 Bathrooms, House
Sun Jul 7 14:45-15:30

Enquiry over $1,200,000

114 Polson Hill Drive, Aokautere, Palmerston North City, Manawatu

12
4
4
614m2
3541m2
HouseListed on Fri May 17
Most Popular

Aokautere 12 Bedroom 12 Bedroom Home or Profitable AirBnB Opportunity

12 Bedroom Home or Profitable AirBnB Opportunity

Welcome to a masterfully crafted impressive twelve-bedroom home offering unparalleled versatility for family living and income potential. Built in 2009 with New Zealand's renowned Henuera Stone, this large 614 sq m (more or less) home stands proudly on the outskirts of Palmerston North, within the highly sought-after Aokautere lifestyle community. This remarkable property presents a rare opportunity to accommodate large extended families for children and grandparents seeking ample space and ensuring the security of multi-generational living. Alternatively, for entrepreneurial spirits or savvy investors, envision the possibilities of transforming this majestic residence into a lucrative Airbnb venture.

The property features a two-bedroom apartment, providing the ideal owner's accommodation while managing the remaining ten bedrooms for rental income. With each room conservatively estimated to rent out at $200 per week, a potential gross annual income exceeds $100,000 gross less expenses, or choose the lucrative Airbnb lifestyle business offering a substantial income opportunity. Whether you choose to enjoy the luxury of a sprawling family home or embark on an exciting entrepreneurial venture, this property offers the best of both worlds. Embrace the lifestyle you desire while capitalizing on the investment potential of this exceptional property. Seize this rare opportunity to discover the endless possibilities awaiting you at this exceptional lifestyle address.

*Some images have been virtually staged.

Buyer enquiries from $1,200,000 upwards

Location

Open homes

Jul07
Sunday14:45 - 15:30

Council Data

Last update : Invalid Date Invalid Date Invalid Date
Improvement value
Land value
CV(Year Invalid Date Month Invalid Date)
DeckYes
View typeNo appreciable view
ContourLevel
Land area3541m²
Floor area614m²
Decade of construction2009
TitleWN58A/909
Type of titleFreehold
Legal descriptionLOT 16 DP 90578
CouncilPalmerston North
Estate descriptionFSIM,1/1,LOT 16 DEPOSITED PLAN 90578,3541m2
ConstructionExternal Walls: Stone Roof: Iron
ConditionExternal Walls: Good Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Aokautere School
1.53 km
Primary
1-6
Government
Co-Educational
EQI: 391
10
Turitea School
4.42 km
Primary
1-6
Government
Co-Educational
EQI: 393
10
Palmerston North Intermediate
4.69 km
Secondary
7-8
Government
Co-Educational
EQI: 428
8
Palmerston North Boys' High School
5.44 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 437
8

Property history

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For developers

Unitary plan:-
Land:3541m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
26 The Bush Track
0.67 km
4
2
205m2
Year 2024 Month 03 Day 21
$869,000
Council approved
40 Polson Hill Drive
0.21 km
2
1
76m2
Year 2024 Month 03 Day 14
$550,000
Council approved
413 Aokautere Drive
0.52 km
4
2
197m2
Year 2024 Month 03 Day 13
$845,000
Council approved
71 Johnstone Drive
0.37 km
4
2
213m2
Year 2024 Month 02 Day 21
$1,000,000
Council approved
164 Aokautere Drive
0.29 km
3
1
116m2
Year 2024 Month 01 Day 24
$500,000
Council approved

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Ref:MAN00176Last update:2024-07-01 15:10:57