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745D Waikino Road, Tio Bay, Karetu, Bay of Islands, Opua, Far North

Exclusive Wharf & Riparian Rights Waterfront - BOI

Unspecified
dollar

$5,290,000 Plus GST (if any)

Bedroom
5
Bathroom
4
Land area
4.48ha
Title type
Freehold
Garage
2
Ensuite
1 ensuite
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Property details

Listing # MARR00319 | Listed on 21 February 2024

Exclusive Wharf & Riparian Rights Waterfront Property in the Bay of Islands.

Experience the ultimate in seaside living amidst the serene beauty of Tio Bay - Bay of Islands. This extraordinary north facing, secluded, and sheltered 4.47 ha property offers a once in a lifetime opportunity to own Riparian Rights and a substantial wharf with floating pontoon (consented until 2046) — an exceptionally unique and highly coveted opportunity in New Zealand.

For boating enthusiasts, it is hard to imagine a better arrangement. The wharf has a water depth of approximately 2.2 metres at low tide, ideal for accommodating sizeable vessels right at your doorstep, saving you precious time on every outing. There is consent to dredge around the wharf, enabling even larger vessels to be accommodated. In addition, a mooring is available about 60 metres from the wharf, where a previous owner comfortably moored a Caribbean 45, highlighting the remarkable possibilities here. Fresh water and power at the wharf make boat maintenance a pleasure, and a dedicated cool room (chiller) on site ensures that your catch remains perfectly fresh.

It is very difficult under current council and regulatory processes to obtain new wharf consents, with a high bar for environmental impact assessments, possibly iwi consultation, and coastal policy compliance. In addition, the costs of design, engineering, and construction are considerable, which makes this existing wharf an asset of exceptional value.
Importantly, the wharf construction costs are not included in the Rating Valuation (FNDC database), as it is built over water rather than land, making it an even more valuable asset.

A private concreted boat ramp adds further convenience, with space to launch an eight metre trailer boat and enjoy endless water activities with dinghies, kayaks, and paddle boards. Even better, Opua Marina is a mere 630 metres across the water, making it effortlessly accessible for supplies, services, and fuelling. You will spend less time on logistics and more time enjoying your boating adventures.

The property features numerous residential and ancillary buildings, including a generously sized colonial style home, a beautiful cottage, two studios, a large entertainment/conference building ideal for gatherings, and a boathouse featuring a spa, all set amidst picturesque landscaped gardens. Two post and rail fenced paddocks are currently accommodating horses, adding to the property’s versatility. Water is pumped from a reliable artesian source into two 20,000 litre tanks, gravity fed to the buildings.

An extensive list of plant and inclusions comes with the sale, including a classic kauri yacht, an McLay eight meter alloy boat, vehicles, and more, ensuring you can step straight into a waterfront lifestyle without compromise.

Discover the enchantment of this former fishing lodge, once visited by the legendary architect and artist Friedensreich Hundertwasser, who left a personal artistic touch in appreciation.

Ideal for those seeking a top tier holiday retreat, for lifestylers, extended families, and especially for keen boaties. The property offers potential for tourism based business and accommodation* subject to obtaining Resource Consent and further investigation, or can simply be enjoyed as a luxury waterfront residence. Imagine how much time you will save having your boat right at your doorstep, making every weekend or holiday escape more flexible and relaxing.

The owners, a farming family, invite all offers and will consider a trade or part payment for a large scale dairy farm or grazing unit.

With Opua just across the water, Bay of Islands Hospital at Kawakawa only 16 kilometres away, and Paihia a 26 kilometre drive, all essential amenities are within easy reach.

This property also lends itself perfectly to shared ownership, thanks to its multiple buildings. Buy with friends for unforgettable holidays or create a unique living arrangement that balances privacy and community.

Make the Bay of Islands your personal playground. Embrace the luxury of Riparian Ownership and a wharf, a truly rare waterfront opportunity in New Zealand. Contact Sunia Marr today and discover the magic of this coastal paradise.

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