17 Newton Road, Oneroa, Waiheke Island

Real value can be added here

Newton Road is one of those sought after valuable locations on the island due to the Oneroa Bay sea views plus the easy walking track down Newton Reserve valley to the coast.
This property, just five back from the water, enjoys those rarely available views on Oneroa beach. The land is a third of an acre (1,495sqm) and adjoins the bush reserve at the bottom of the section. From here it is just a few minutes walk along the public track to the sea, where the locals keep their kayaks. This track continues to Little Oneroa beach.
The dwelling is two bedrooms plus a bathroom up and a bedroom and a bathroom in the basement. The house needs renovating and if you spend the time and money, your result could show an excellent return. It is currently rented for $500 a week with the tenant wishing to stay on if desired. Without question this is an excellent spot with a tired bach/rental on it.
If you are looking for a property that needs your creative vision then this is a beauty. Selling below CV of $1,280,000.