Western Bay of Plenty, Katikati 28 Lindemann Road
$1,550,000
Homestead, Large Barn, Kiwifruit & Accommodation
This diverse 1.3 hectare (approx.) lifestyle block in Katikati is not just a remarkable investment opportunity; it's also tailor-made for multigenerational families seeking to secure a property together. In today's dynamic real estate landscape, the importance of shared spaces that provide comfort, privacy, and income potential cannot be overstated.
1. Spacious Living: The main house offers three bedrooms and two living areas, ensuring ample room for everyone to live comfortably under one roof. The native timber linings, wood burner, huge roofed deck and oodles of character make this 1980's home a cozy and inviting space for all family members.
2. Privacy and Independence: For those who desire a degree of independence and privacy while living together, the two-bedroom cottage is a perfect solution.
3. Income Generation: The modern black barn and cottage serve as valuable income generators, either as rentals or for Air BNB. The new black barn would also be a car collector's dream man cave. The 0.71 ca/ha of green kiwifruit provides an additional income stream, and on full lease to the neighbour, you literally don’t have to do a thing.
5. Rural Serenity with Urban Convenience: With the property located just a ten-minute drive from Katikati, it provides a peaceful retreat with easy access to the convenience of urban amenities.
In an era where multigenerational living arrangements are becoming increasingly popular, this lifestyle block allows generations to live together harmoniously while enjoying the financial benefits and collective responsibility of property ownership. Or it’s a compelling investment opportunity, offering a diverse range of income sources from the kiwifruit itself to rental income. It's a win-win scenario that underscores the multifaceted allure of a kiwifruit orchard with multiple homes and a piece of New Zealand history, all in one. Being sold + GST if any.
For Sale
$1,550,000
Property ID:
EKTC17138
Legal Description:
2, 91639
Year Built*:
1980s
Land Area:
1.3062 hectares more or less
House Area*:
165 square metres (approx)
Bedrooms:
5
Garaging:
3
Chattels:
Stove, Fixed Floor Coverings, Curtains, Light Fittings, TV Aerial, Rangehood, Wall/under bench oven, Dishwasher, Hob - Electric
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.