111 State Highway 1, Paraparaumu, Kapiti Coast, Wellington

111 State Highway 1, Paraparaumu, Kapiti Coast, Wellington A special lifestyle on the coast

Price guide $1,300,000 'plus gst (if any)'.

Development opportunity in this lush 1.9 ha sub-dividable lifestyle block and cottage located just 2 kilometres from the Paraparaumu train station.

The land is suitable for subdividing, grazing with a mix of paddocks, ponds, and the additional bonus of a built-in income source from a communication tower, generating $12,000 per year. The property has access off Lindale Drive.

The quaint three- bedroom cottage (extensively renovated in 2016) has a wood burner, lots of natural light and stunning views of the Nikau Valley across the road, a kitchen/dining area that opens to a spacious outdoor deck, and a separate studio ideal for working from home. You can hear the moreporks call from the trees at night. Perfect for a small family or couple, the cottage is currently renting at $2,720 per month.

Located only two kilometres from central Paraparaumu, amenities available include the train station, grocery stores, restaurants, banks, bus stops, and the local mall making the property perfect for those seeking a lifestyle escape with urban convenience nearby. Waikanae is also just a short distance from the property's front door.

With the expansive population growth currently happening on the Kapiti Coast and the unique development this property offers; this is an opportunity not to be missed.

Viewing is by appointment only, so please contact us today to arrange a time to learn more.