Property for Sale

6 Iwa Street, Mapua, NZ 7005

  • 1210
  • 120 m2
  • 2
  • 2

$1,850,000

Rare Coastal Investment At Mapua Wharf

Positioned on a generous 1,210sqm site and fully consented for tourism accommodation, this unique property presents a ready-made investment or lifestyle project with enormous potential. Just steps from the iconic Mapua Wharf, cafes, galleries and the Great Taste Trail, it is ideally positioned to cater to the region's growing stream of holidaymakers and cycle tourists.

The vision is already underway, with five cottages in total planned for the site. One cottage is fully complete and operational. The second is complete and just requires painting. Each unit contains two bedrooms, two bathrooms, open-plan living, full insulation, double glazing and a heat pump for year-round comfort.

Foundations are already in place for the remaining three cottages, making it easy for a new owner to step in and continue the build.

Mapua is growing fast, driven by strong tourism and an unmatched village atmosphere that keeps visitors coming back. Whether you're an investor seeking solid returns or someone ready to create a unique coastal retreat, this is a rare opportunity not to be missed.

The Vendors as part of the condition of sale will purchase one of the units at $650,000, making this a great opportunity for the savvy investor.

Get in touch with Terry and Gio today to explore what's possible. Added 23 August, 2024 Property ID: #L29161782

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Property features

  • Chattels: Bathroom Extractor Fan, Cooktop, Fixed Floor Coverings, Heat Pump, Heated Towel Rail, Light Fittings, Rangehood, Smoke Detectors, Wall Oven
  • Other Rooms: Double Bedrooms
  • Hot Water: Gas
  • Heating: Heat Pump
  • Insulation: Ceiling, Floor, Walls
  • Kitchen: Modern
  • Dining: Combined Kitchen
  • Bathroom/Toilets: Ensuite, Separate Bathrooms
  • Lounge: Lounge/Dining Combined
  • Stove: Electric
  • Interior Condition: Excellent
  • Exterior Condition: Excellent
  • General: Decking/Patio
  • Roof: Coloured Steel
  • Flooring: Carpet, Tiles
  • Garaging: No Garaging/Carport, Off St Parking
  • Fencing: Not Fenced
  • Aspect: Northerly
  • Views: Private
  • Sewage System: Mains
  • Water: Town
  • Frontage: ROW
  • Levels: Above Ground
  • Amenities: Close to Schools, Close to Shops, Close to Transport
  • Excluded Chattels: dishwasher, fridge/freezer, washer/dryer
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License Details: Licensed under REAA 2008

Office

Mapua

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1210
  • 120 m2
  • 2
  • 2

Property for Sale

6 Iwa Street, Mapua, NZ 7005

$1,850,000

Rare Coastal Investment At Mapua Wharf

Positioned on a generous 1,210sqm site and fully consented for tourism accommodation, this unique property presents a ready-made investment or lifestyle project with enormous potential. Just steps from the iconic Mapua Wharf, cafes, galleries and the Great Taste Trail, it is ideally positioned to cater to the region's growing stream of holidaymakers and cycle tourists.

The vision is already underway, with five cottages in total planned for the site. One cottage is fully complete and operational. The second is complete and just requires painting. Each unit contains two bedrooms, two bathrooms, open-plan living, full insulation, double glazing and a heat pump for year-round comfort.

Foundations are already in place for the remaining three cottages, making it easy for a new owner to step in and continue the build.

Mapua is growing fast, driven by strong tourism and an unmatched village atmosphere that keeps visitors coming back. Whether you're an investor seeking solid returns or someone ready to create a unique coastal retreat, this is a rare opportunity not to be missed.

The Vendors as part of the condition of sale will purchase one of the units at $650,000, making this a great opportunity for the savvy investor.

Get in touch with Terry and Gio today to explore what's possible. Added 23 August, 2024 Property ID: #L29161782

Property Features

  • Chattels: Bathroom Extractor Fan, Cooktop, Fixed Floor Coverings, Heat Pump, Heated Towel Rail, Light Fittings, Rangehood, Smoke Detectors, Wall Oven
  • Other Rooms: Double Bedrooms
  • Hot Water: Gas
  • Heating: Heat Pump
  • Insulation: Ceiling, Floor, Walls
  • Kitchen: Modern
  • Dining: Combined Kitchen
  • Bathroom/Toilets: Ensuite, Separate Bathrooms
  • Lounge: Lounge/Dining Combined
  • Stove: Electric
  • Interior Condition: Excellent
  • Exterior Condition: Excellent
  • General: Decking/Patio
  • Roof: Coloured Steel
  • Flooring: Carpet, Tiles
  • Garaging: No Garaging/Carport, Off St Parking
  • Fencing: Not Fenced
  • Aspect: Northerly
  • Views: Private
  • Sewage System: Mains
  • Water: Town
  • Frontage: ROW
  • Levels: Above Ground
  • Amenities: Close to Schools, Close to Shops, Close to Transport
  • Excluded Chattels: dishwasher, fridge/freezer, washer/dryer
Show More
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License Details: Licensed under REAA 2008

Mapua

Office Mapua Licensed under REAA 2008

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