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60 Martin Road, Upper Moutere, Tasman, Nelson, 4 Bedrooms, 3 Bathrooms, Lifestyle Property

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60 Martin Road, Upper Moutere, Tasman, Nelson

4
3
1
240m2
45527m2
Lifestyle PropertyListed on Tue Nov 14
school zone
$8,852/Monthly repayments
Based on estimate value
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Upper Moutere 4 Bedroom Flexible Investment

Consider this remarkable property, perfect for both home and income investment or as a pure investment venture. These charming chalets, flawlessly nestled into the hillside, offer breath-taking views of sprawling countryside and orchards. Among them, four chalets boast a comfortable 52m2 layout, while an additional wheelchair-accessible chalet offers 65.28m2 of space and all have been issued their code of compliance certificates.

Presently, each chalet generates a weekly gross rental income of $430, totaling $2,150 per week. However, there exists untapped potential for Airbnb rentals, aligning with the original vision to provide both domestic and international guests with a serene country experience overlooking the picturesque Moutere landscape, extending to Mt Arthur and the Kahurangi National Park.

One chalet's success in nightly rentals is evident, having consistently attracted bookings since its online debut on December 20th, with reservations secured until Easter. Detailed figures are available upon request, showcasing its promising performance.

Flexibility abounds for the new owner to tailor the income level according to their preferences and available time. The main home features a versatile 1-2 bed/1bath area suitable for short-term nightly rentals or personal occupancy, while the 3 bed/2 bath section offers rental potential.

Operating off the grid, with a north-facing orientation and wood burners ensuring cost-effective and cosy heating during winter. Additionally, the property features a pool, enhancing the appeal for guests to enjoy Tasman's splendid summers. These alluring chalets promise lucrative rental opportunities year-round.

Conveniently located in Upper Moutere on a tranquil private lane, the property is a mere 15-minute drive from Richmond or Motueka and just 10 minutes from the charming village of Mapua. Potential investors or those seeking a "home and income" opportunity are encouraged to schedule a private viewing with Ged.

Location

Estimate update: 2024 05Data Disclaimer
Low$1,445,000
Mid$1,490,000
High$1,535,000

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School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Motueka High School
16.97 km
Secondary
9-15
Government
Co-Educational
EQI: 456
5
Waimea College
19.12 km
Secondary
9-15
Government
Co-Educational
EQI: 442
8

Property history

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For developers

Unitary plan:-
Land:45527m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
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Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
337 Old Coach Road
1.69 km
-m2
Year 2024 Month 05 Day 16
$605,000
Council approved
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2
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2.35 km
-m2
Year 2024 Month 04 Day 02
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207 Horton Road
2.26 km
3
2
290m2
Year 2024 Month 02 Day 20
$1,575,000
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78 Petra Way
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3
2
313m2
Year 2024 Month 01 Day 30
$2,075,000
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Ref:NSN00139Last update:2024-05-20 10:36:22