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Riwaka

89 Dehra Doon Road, Riwaka, Tasman

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6,312sqm Land area SQM
3 Bedrooms
3 Bathrooms

Offers/Enquiries Over NZ$1,150,000

Investment opportunity - three separate chalets


For your next investment, consider these beautifully presented chalets, nestled seamlessly into the hillside, overlooking sprawling countryside and orchards.

Currently returning a weekly, gross rental income of $430 for each chalet ($1,290 gross per week, in total). There is potential here to consider whether additional revenue could be sought by utilising the likes of airbnb.

Built in 2021 the chalets are similar in style, design and size - 1 and 2 are 32 square metres, while chalet 3 is 40 square metres to accommodate wheelchair access.

Chalet 1 has the living area on the right and bedroom on the left while chalet 2 has the reverse.
The ensuite bathrooms in both chalets are identical, featuring a shower, vanity and toilet and having sliding door access from the bedrooms.
The bedrooms have a large, tinted window that captures the views and a smaller horizontal window above the bed. A wooden door separates the bedroom from the living.
The living area is flooded with light and heated/cooled by a Mitsubishi heat pump. There is enough room for a small dining table and a two-seater couch. A sliding door opens to a wooden terrace with space for a couple of chairs.
The kitchenettes differ slightly between the two chalets - chalet 1 has a full-size fridge and dishwasher; while chalet 2 has an under-bench fridge only.

Chalet 3 has the larger footprint to include wheelchair-accessible features like an exterior ramp, wider interior doors, a larger bedroom and a wet floor bathroom. The kitchenette has the same setup as chalet 2.

Although the outlook is delightfully country in feel, you are but a minutes' drive from State Highway 60, your gateway to Motueka or scenic Golden Bay. The golden sands of Kaiteriteri beach are only 10 minutes away.

Potential investors interested in taking advantage of this appealing opportunity should contact the Team for a private viewing.

Daniel Reed

Daniel Reed

Residential, Lifestyle and Subdivision Sales

Vining Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Dennis Christian

Dennis Christian

Residential, Commercial and Lifestyle Sales and Marketing

Vining Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Potential


So many options for use and future prospects

Investment


Well-maintained Chalets and a large piece of land with native Kanuka

Income


Currently rented at a good rate, potential for further gains via AirBnB or the likes

Lifestyle


Excellent for workers cottages or a great getaway location to access Kaiteriteri or Golden Bay

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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