Located in the popular Ngakuta Bay along Queen Charlotte Drive is an opportunity to further develop this property into a permanent residence or holiday home.
First time for sale in 20 years, this two level 1970s built home is nestled in a beautifully private 2,423sqm site with stunning views across the bay.
The home is ready for a complete redecoration to bring it up to a more modern, comfortable standard and take advantage of the stunning bush clad setting. The ground floor level provides plenty of space and storage with three garages to store your water assets. The first level consists of a self contained three bedroom apartment with kitchen, bathroom, living and a spacious wrap around decking area for entertaining. Upstairs features another self contained area with four small bedrooms, kitchen, bathroom and decking area with views out across the bay. Both internal areas require complete modernisation.
Privacy is paramount and with so many native trees, the bird life is abundant and the setting really is something special. Access is a pleasure with two entrances to ensure manoeuvring your boat is easy and a short 30 second walk and you are at the waters edge. A fresh water stream meanders through the property, plenty of grass area for the children to play and pitch a tent, additional storage or sleepout available, vege gardens, glass house and other storage sheds.
Water assets include a mooring to accommodate a vessel up to 13.5metres and a seventh share in the jetty is also part of the sale. Boat launching facilities are available in the bay.
The location underpins the value of this property with a short 12 minute drive from Picton or 40 minutes from Blenheim. This property presents a rare opportunity in arguably one of the most picturesque locations along Queen Charlotte Drive.
We are encouraging all buyers from the 2020 rateable value of $795,000 to seriously consider this property.