Mahere Papa
Rūma Manuhiri
Kihini
Ngā Rūma Moe
This property is a very unique Investment Opportunity.
With the main residence being a very well maintained 3 bedroom cottage which has been used by the current owners as short term accommodation but would make an ideal home, or as a permanent rental or continue with the current income stream with its current use as a short term rental.
Complimenting the main dwelling is 3 fully self contained units that are located at the rear of the property. They are ideal for short term accommodation which is what they have been very successfully used for, but with promotion and some advertising the occupation rate could possibly be increased.
The large allotment of approximately 2063m2 makes an ideal and spacious location for the 4 properties and being opposite the Old Mundulla Hotel and adjacent to the Mundulla Store it is only a few steps for your food and a few social drinks.
You could rent out all 4 properties or live in the main home and lease the 3 units as short term accommodation, this is definitely a unique opportunity that has so many options.
Call us for further details and an inspection.
RLA153432
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 4.28 km | 6 | 3 | -m2 | 2024 12 18 | $4,900,000 | Council approved | |
 | 7.70 km | 3 | 1 | 91m2 | 2024 11 28 | - | Council approved | |
 | 7.79 km | 0 | 0 | -m2 | 2024 10 07 | - | Council approved | |
 | 7.66 km | 3 | 1 | -m2 | 2024 09 24 | - | Council approved | |
 | 7.61 km | 0 | 0 | -m2 | 2024 09 10 | $126,000 | Council approved |