Smart, Multi-Income Hideaway

15A and 15B Babbacombe Avenue, Otaki Beach


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Smart, Multi-Income Hideaway | 15A and 15B Babbacombe Avenue, Otaki Beach | 3230643 |      X Close

Smart, Multi-Income Hideaway

If you're looking for an affordable dual income opportunity, then this is it. Or perhaps you want a beachy bach with a cool vibe an hour or so from Wellington AND an investment property - well here you are! Or maybe you're a first-time homebuyer and the option of an adjoining rental to help with the mortgage payments appeals to the 'bank of mum and dad'?

Whatever your situation, this purpose-built, multi-unit and freehold property offers income-generating options galore, with not just one, but two x two-bedroom 'apartment style' dwellings on a single title with no shared areas.

The rear residence is vacant and has been recently refreshed with a neutral paint palette throughout. Semi-open plan living space with high ceilings enable natural light to flood in while the perfectly placed ranch sliders provide easy flow to the covered deck and beautifully landscaped courtyard garden. It's the perfect spot to sit back, relax and listen to the sizzling sound of the BBQ and calming ocean waves while you entertain family or friends.

The adjoining front residence is also in excellent condition and a mirror image of the rear flat. Slightly more open plan than the rear, with good light, storage and a practical layout leading to a very private and well-kept courtyard - it's no wonder the sitting tenant would love to stay.

Located on a delightfully quiet road and oh so close to the beach, there's a popular dairy right around the corner and it's just a quick hop to the amenities of the Otaki Beach township. For those that commute further afield, or for the weekender, it's simply a short drive to/from the upcoming expressway connection and Transmission Gully beyond.

* First available viewing at first open home.

** Flat 15A (front) is currently occupied with a longstanding tenant who would like to stay on.

*** All interior photos are of the vacant, rear flat (15B) due to tenant privacy.

The vendor reserves the right to sell the property prior. RV $520,000 (Aug 2020) not indicative of current market value.

15A and 15B Babbacombe Avenue, Otaki Beach

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