Escape to the Coromandel coast with this rare opportunity to own your own slice of paradise at the former Te Puru Motel. Three individual 1-bedroom units are available for purchase, each priced at now reduced $299,000. Whether you're seeking a coastal retreat, a downsized lifestyle, or a smart investment, these units offer the perfect solution-no need to buy them all, just choose the one that suits you!
Solidly built with low-maintenance block construction, these single-level units each come with a designated car space and shared laundry facilities. Inside, they're ready for your personal touch-whether you refresh them for modern living or create a charming holiday getaway. With newly issued "Stratum in Freehold" unit titles, a future Body Corporate will manage the common areas, ensuring a well-kept and easy-care environment.
Perfectly positioned near to the water and local boat ramp plus local dairy, these units offer an unbeatable lifestyle for fishing, boating, and relaxing by the sea. Investors will appreciate the current tenancies providing immediate income, with strong potential for future growth however vacant possession is available with notice.
Purchase one, or more if you choose-but rest assured, each unit is available separately for individual buyers so get in first to pick the one you love.
Please note that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer.