111 State Highway, Paraparaumu
29760357
Development or Lifestyle Opportunity
Title is about to be issued with , mixed-use zoning offers future possibilities for subdivision, development, or long-term land banking.
111 Main Road provides an exciting opportunity to secure , a generous 1.9-hectare property just minutes from the heart of Paraparaumu.
Whether you’re seeking an exceptional lifestyle setting to build your dream home or looking to unlock the site’s development potential, this versatile property offers outstanding possibilities in a highly convenient location.
• The Cottage
The cottage features open-plan living, three well-proportioned bedrooms, and a modern, well-appointed bathroom. A wood burner provides warmth and comfort throughout the cooler months, creating a cosy country retreat. Practicality is well catered for with a garage, workshop, and a separate studio-ideal for those working from home, pursuing creative interests, or requiring additional space. Step out onto the deck and take in the stunning views across the Nikau Valley Reserve. This peaceful setting is rich in native birdlife, with royal spoonbills frequenting the ponds, kererÃ…« feeding in the fruit trees, and the distinctive call of the morepork echoing through the evening.
• The 1.9Ha Site
The land presents exciting future potential, with several prime building sites and the possibility of alternative access from the former State Highway, subject to Kāpiti Coast District Council approval.
• Income and Development Opportunities
• Potential to sell a 0.5-hectare parcel of land to the adjoining neighbouring property.
• Mixed-Use zoning offers future possibilities for subdivision, development, or long-term land banking.
• An on-site communication tower generates approximately $12,000 per annum in passive income.
• The cottage currently provides a rental return of $2,160 per month.
Perfectly positioned, the property is just 2 kilometres from central Paraparaumu, 5 kilometres from Paraparaumu Beach, and within an easy 45-minute drive or train commute to Wellington CBD. Waikanae is also only a short drive away, offering the best of the Kāpiti Coast lifestyle.
Proudly presented for sale by Steve Manson.
*SOURCE: Floor/Land Area & RV: Property Smarts. RATES: KCDC. FLOORPLAN: indicative only
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