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422B Parawai Road, Thames, Thames-Coromandel

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1,497sqmย Land area SQM
5ย Bedrooms
2ย Lounges
3ย Bathrooms
2ย Study
2ย Parking
2ย Offstreet

Asking Price NZ$965,000

Price reduced to sell!


Discover the ultimate home and income opportunity within this property, featuring two impeccably maintained adjoining self-contained accommodation suites. Providing a total of five spacious bedrooms, two well-equipped kitchens, two separate living areas, a large work studio or recreation room, an office, three bathrooms, and a convenient lift between levels, this residence offers a rare blend of versatility and comfort.

With a combined "conservative" rental potential of $1090 per week (report available), this property provides the flexibility for you to reside in one unit while leveraging the rental income from the second dwelling to offset your mortgage. Situated on a private 1497sqm landscaped section, the property includes a large double garage, two carports (one high stud), and substantial concreted parking space. An easy access pedestrian ramp leads to upper-level decking and living spaces, enhancing the overall accessibility of the property.

Inside, enjoy a high level of amenity with four heat pumps, an HRV system, large kitchens featuring walk-in pantries, and wheelchair-friendly design in all bathrooms, toilets, and passageways. This home and income opportunity is not only suitable for residential investors but also caters to large families, those seeking extended family living arrangements, or anyone interested in a quality home and income or work-live setup.

Don't miss out on the chance to own this rare find, where practicality meets luxury in a property designed to meet a variety of lifestyle needs.

Geoff Graham

Geoff Graham

Residential and Commercial Sales

MH Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Home and income


Two adjoining self-contained suites comprising five large bedrooms in total

Dwelling details


Two kitchens, two separate living areas, large studio or recreation room, office, three bathrooms and a lift between levels

Access


Wheelchair friendly throughout the entire home

Garaging


Double garage plus two carports

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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