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89 Dehra Doon Road, Riwaka, Tasman, Nelson, 3 Bedrooms, 3 Bathrooms, Home & Income

By Negotiation

89 Dehra Doon Road, Riwaka, Tasman, Nelson

3
3
104m2
6312m2
Home & IncomeListed on Mon Feb 12
$2,629/Monthly repayments
Based on estimate value
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Motueka 3 Bedroom Investment opportunity – three separate chalets

For your next investment, consider these beautifully presented chalets, nestled seamlessly into the hillside, overlooking sprawling countryside and orchards.

Currently returning a weekly, gross rental income of $430 for each chalet ($1,290 gross per week, in total). There is potential here to consider whether additional revenue could be sought by utilising the likes of airbnb.

Built in 2021 the chalets are similar in style, design and size - 1 and 2 are 32 square metres, while chalet 3 is 40 square metres to accommodate wheelchair access.

Chalet 1 has the living area on the right and bedroom on the left while chalet 2 has the reverse.

The ensuite bathrooms in both chalets are identical, featuring a shower, vanity and toilet and having sliding door access from the bedrooms.

The bedrooms have a large, tinted window that captures the views and a smaller horizontal window above the bed. A wooden door separates the bedroom from the living.

The living area is flooded with light and heated/cooled by a Mitsubishi heat pump. There is enough room for a small dining table and a two-seater couch. A sliding door opens to a wooden terrace with space for a couple of chairs.

The kitchenettes differ slightly between the two chalets - chalet 1 has a full-size fridge and dishwasher; while chalet 2 has an under-bench fridge only.

Chalet 3 has the larger footprint to include wheelchair-accessible features like an exterior ramp, wider interior doors, a larger bedroom and a wet floor bathroom. The kitchenette has the same setup as chalet 2.

Although the outlook is delightfully country in feel, you are but a minutes’ drive from State Highway 60, your gateway to Motueka or scenic Golden Bay. The golden sands of Kaiteriteri beach are only 10 minutes away.

Potential investors interested in taking advantage of this appealing opportunity should contact the Team for a private viewing.

Location

Estimate update: 2024 05Data Disclaimer
Low$430,000
Mid$442,500
High$455,000

Estimate accuracy

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School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Riwaka School
2.30 km
Primary
1-8
Government
Co-Educational
EQI: 445
4
Motueka High School
5.68 km
Secondary
9-15
Government
Co-Educational
EQI: 456
5

Property history

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For developers

Unitary plan:-
Land:6312m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
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Mortgage

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Ref:4005141Last update:2024-05-01 09:41:55