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Unique Coastal Investment (Land & Buildings Only)

273 Sandy Bay-Marahau Road, Marahau

Commercial Land
dollar

Offers Over $1,690,000 Plus GST (if any)

Floor area
517m2
Land area
8100m2
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Property details

Listing # L37796848 | Listed on 3 December

An unmissable opportunity has arrived in the heart of Marahau. Rarely does a property offering a massive 8,100 sq/m (more or less) of freehold land in this coveted coastal paradise come to the market.

Located at the gateway to the Abel Tasman National Park, where domestic and international tourism has come bouncing back.

The property is leased to a long-standing tourism operator (Abel Tasman Kayaks) who are regarded as a major operator in the region and are known as one of the country's premier providers of sea kayaking experiences.

With a lease in place until 2043, should all three rights of renewals be exercised, this high yielding investment offers any purchaser the unique chance to own a piece of paradise in the top of the south.

The large freehold site of some 8,100 m2, comes with four separate buildings and with further room to explore future tourism service opportunities.

Perfect for the armchair investor, this property provides an instant 7% percent return with a fantastic, reliable long-term tenant already in place and safely in the knowledge this property is in an unbeatable coastal location right beside the entrance to the Abel Tasman National Park.

Offers over $1,690,000, which equates to over a 7% yield.

Phone Craig to discuss owning this Unique Coastal Investment today.

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