Nestled in the tranquility of Te Akau, approximately 35 minutes from Raglan, this freehold property on 5114m2 offers a serene escape from city life. Constructed in 2000 with iron walls and roof in good condition, the property comprises of three partially completed rustic cabins, a utility block, and an expanded garage functioning as a bach. It boasts 1 bedroom, 1 bathroom, 2 carparks, and a floor area of 93sqm. The kiwiana bach features redwood accents, stone floors, and creative details that make it a perfect getaway. Notable amenities include Rinnai gas hot water, a septic tank, a large water tank, and a 20ft container for storage. The property is situated to capture the sun and is sheltered from westerly winds, with approximately 120 high density avocado trees. The government’s capital value (CV) has remained stable at $465,000 since 2023, with a CV increase of 0.0%. HouGarden AVM estimates the property’s value at the same amount. The latest sales history includes a sale in 2014 for $225,000 and in 2011 for $214,000. The Raglan Area School Y9-13, a composite school with a decile rating of 4, is in the vicinity.
This property presents a golden opportunity to build your dream home, complete the cabins, or enjoy it as a rural retreat. If you're looking for a lifestyle change, this is a must-see property with immense potential.
Located in a quiet cul-de-sac, the property is close to the Te Akau all tide boat ramp, with internet availability and good cell phone reception. It's a short drive to Auckland (2 hours) and Hamilton (1.15 hours), making it an ideal blend of seclusion and connectivity.
Updated on September 13, 2024