If you're looking for cashflow, capital gain and commercial/residential lifestyle you must check out this unique offering.
The main building, play areas and a portion of what was once the garage is leased out as a fully operational childcare business capitalising on the prominent main road location. This provides the new owner with a stable income through until 2027, renewable until 2032.
The remainder of garage is a studio suite and includes a toilet, shower and kitchenette.
Down the private driveway is a lush, fertile hideaway with unique living accommodation in the form of relocatable units. Two are set up as glamorous bedrooms, one of which has shower, vanity and toilet. Then there's a wonderful kitchen, dining and lounge unit which has an extra space currently used as an art studio.
There's a covered deck for outdoor entertaining plus the tropical gardens provide plenty of gathering or relaxing spaces. Pathways meander through the resort-like setting which wouldn't be complete without the glorious outdoor bath with hot and cold water.
A grapevine covered pergola leads to raised veggie beds, the home orchard and more sheltered spaces for other commercial ventures or projects. Sloping land with pine and native trees and a small bush track to the southern boundary overlooking a bird sanctuary and waterway adds a wonderful nature element to this spot.
* Buildings on the property may not be consented, meet building code, or be complying. Buyers are advised to seek legal and/or technical advice before entering into a binding contract.
* The Purchase Price is Plus GST (if any).
2257 State Highway 2, Katikati