306A and B Kerikeri Inlet Road, Kerikeri, Far North

A winner for the income!

Property sold on auction day.

It's a windfall at The Windmill! Imagine not just one property, your own retreat in a Mediterranean-inspired home, overlooking mature gardens with a handful of units generating an income - matched with dreamy inlet and forest vistas.

'The Windmill' is a generous property in every sense. What's included in a sale? A private three-bedroom, two-bathroom master dwelling; along with a popular 1-bedroom unit for short-term visitors; plus three apartments (generating approx. $49k/annum) all set across two separate titles.

Truly, there are endless ways to live & love this semi-rural paradise on 9,494sqm, just 5km from Kerikeri Township. The smart investor will be scheming... Or those with intergenerational living will be picking who goes where! Others will be leaping at the chance to continue this fantastic lifestyle - especially since the guest reviews are glowing, and a record turnover happened in 2020 despite a pandemic.

Set well off the road, the entire property is peaceful and private. All of the units are fully self-contained, each with two-bedrooms. Reliable tenants have been in residence for 7-11 years between them. The rental income is an exceptional bonus as buyers weigh-up the merits of this property.

Back at the main residence, our vendors will miss their wonderful home with its beautiful inground pool, BBQ area and enormous deck. Just the other day, 20 people sprawled across the deck - this home loves a party! But just as happily it will dish out tranquillity, birdsong and idyllic views. A lovely feature is the windmill which pumps water for the pool and for irrigating the gardens.

Positioned separately from the main dwelling is the attractive, self-contained unit. A quick search on booking.com shows it has been delighting guests for years and generated over 20k of income during the past year. Visitors come and go with no inconvenience to the owner.