Absolute waterfront gold - $780,000 under CV

8 and 10 Pohutukawa Avenue, Omiha

Asking Price NZD $850,000

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Absolute waterfront gold - $780,000 under CV | 8 and 10 Pohutukawa Avenue, Omiha | 2151249 |      X Close

Absolute waterfront gold - $780,000 under CV

Extraordinary potential and at this price point the vendor has effectively left money in to allow for development.

Utterly magical, two separate titles of 2,122sqm and 1,518sqm, both waterfront, one riparian. The option here is to develop one or two properties. The contours run from the east over the crest of this small peninsular to the west. The east side captures sunrise and views directly into the bay and Whakanewha Regional Park and the western aspect captures spectacular sunsets, another picturesque bay and views down the Tamaki straight back to Auckland and the CBD. Such close connection with the sea from sunrise to sunset is almost impossible to replicate and makes the sites so unique and inspirational.

Pohutukawa Avenue sits above one of the most iconic images of Waiheke, the Omiha boat sheds. This no exit street while having public transport to its entrance and the Omiha Hall where the local residents congregate for good company, coffee and home baking is just a few minutes' walk away. The pace of life in Omiha is gentile, with a nod to the past and the locals love it that way. The magnificent Pohutukawas that lend their name to the Avenue and the undisturbed native birdlife are at the heart of why this location exudes serenity. Boat launching and some of the most renowned fishing spots on the island are directly in front of you.

The owners have chosen to sell them together but with two titles the choice will be passed on to develop as one or two dwellings or to hold one and sell the other. Recent site survey has been completed. The large two section site allows the opportunity for off-street parking or driveway.

With CV's sitting at $840,000 and $790,000 respectively the property is priced competitively at $850,000 for both sites. This represents the most attractive waterfront prospect currently available and at $780,000 under CV should be seriously considered by those looking for something truly special on Waiheke Island.