1492 State Highway 25, Pipiroa, Hauraki, Waikato

1492 State Highway 25, Pipiroa, Hauraki, Waikato Income and home

Set on two titles, this 4,632 sqm (more or less) parcel of land with a café, accommodation and plenty of storage options is zoned rurally and is your ideal investment.

The café and accommodation are currently returning over $62,500 per annum, making this the ideal passive investment or the opportunity to have home and income. With a 65sqm (approx.) two bedroom, two bathroom home located on the property, which has been renovated over the years, provides a comfortable accommodation option as a base to live, or rent out.

With 130sqm (approx.) of shedding located on a separate title (and currently leased as part of the café), this could appeal of those with an eye to the future, with the ability to sell a title. The shedding currently consists of an office area, 2 x toilets, food prep and a double garage. Containers are also located on the property, with French doors, looking out to surrounding farm land. This could be your new secluded office area, or additional storage.

The iconic location has thousands of travellers passing everyday to the Coromandel and Thames, including service travellers, locals and beach goers. In zone for excellent schooling at Hauraki Plains College with a near by bus route to the school. All your everyday amenities can be found in either Thames or Ngatea which are both within a fifteen-minute commute. Located at the gateway of the Coromandel, weekends can be spent fishing in the Firth of Thames or relaxing on the white sandy beaches on the eastern side of the coromandel. Main centres of Hamilton (89.9 km), Manukau (79 km) and Tauranga (107.6 km) are within a few hours travel time.

Whether you would like this as a passive investment, or house and income prospect, call today for more information. Viewing by appointment.