173B Tara Road, Mangawhai, Kaipara

Rare find with multiple income streams

An exceptional opportunity awaits on Tara Road in Mangawhai with this incredibly versatile property offering existing income streams and potential to diversify into a range of other residential, commercial or tourism ventures.

There are currently two houses, a 4-bay shed, an ice making facility and water bore, truck parking, a truck port and a chalet perched on the shores of a very pretty lake. All this and more set on 1.181ha (just under 3 acres of landscaped grounds) .

The two dwellings are currently tenanted, with one of the houses enjoying a peaceful outlook out onto lawn, with a jetty onto the lake. This home has three bedrooms, one of which has its own sunny deck. There's also an outdoor bath, outdoor laundry, a carport and a small shed. The other home also has three bedrooms, covered outdoor space and a rear shed, offering added functionality.

Beyond the two homes, the property boasts a licensed food premises, factory/shed rental or storage space in the 4-bay shed with the adjoining truck port and excellent parking - making it perfect for a range of business ventures. Then there's the water bore which currently supplies the ice making facility.

With easy access to Mangawhai Village, two minutes away and the best Mangawhai has to offer, this property is also strategically located just off Kaiwaka Mangawhai Road. The property is a rare find with enormous scope. Whether you're an investor, business owner, or visionary looking to secure a dynamic lifestyle and income producing asset, this unique Mangawhai property delivers endless possibilities - perhaps a wedding venue, a small subdivision or a passive rental return from the property, the opportunities are endless.

Tenders close (if not sold before) 2pm, Friday 27 June at Bayleys Mangawhai,83 Molesworth Drive, Mangawhai Central.