68 Onetangi Road, Onetangi, Waiheke Island

Hallmark wine-belt opportunity

This traditional cottage on ten acres of rolling pasture is located in the heart of the prestigious Onetangi wine-belt. Bordering world renowned Tantalus and Te Motu vineyards, there are just a handful of properties in this renowned area that are zoned for larger scale development in this rural land zone.

A tidy three-bedroom cottage with sleep-out sits on the land, with an extra large double garage/workshop to one side. The charming home features traditional joinery, a modern kitchen, two carpeted double bedrooms with built-in wardrobes, and a further single bedroom. While a woodburner and heat pump ensure temperature control inside, the massive, fully-covered loggia to the rear of the house is a drawcard for those who love to entertain al fresco.

This delightful, semi-enclosed, outdoor room boasts a stone fireplace, a pizza oven and its own bar plus a huge dining area and plenty of extra space for lounging and entertaining. And there's plenty of room to build a swimming pool on the neighbouring flat lawn, if desired.

With a huge potting shed, a substantial raised vege garden and easy care lawns dotted with citrus and magnolia, the fully fenced home paddock leads to the stunning back paddock.

This block of beautiful rolling pasture, with olives at the rear, could be a happy home for horses or a place to plant out vines. But, so close to the action, on the main bus route and just a short hop to Onetangi beach and all its restaurants, the property is also ripe for development - perhaps some visitor accommodation or a new tourism venture.

It's also idyllically peaceful, with stunning views across the vines of iconic Stonyridge Vineyard and its neighbours in one one direction to Rangihoua hill and its surrounds in the other. This could be a fabulous home to land bank now for future development opportunities, or a great investment to work on immediately.

This premium property will go to tender on 27 February.

To download all documents go to http/www.bayleys.co.nz/2151486