Set on 3.85 hectares in the popular Patangata area, this impressive lifestyle property offers a rare combination of space, privacy, flexibility and passive income, all within an easy commute of Waipawa, Otane, Havelock North and Hastings. The well-known Patangata Tavern is also just a few minutes down the road.
One of the great advantages of this property is how easy it is to manage. All of the buildings are thoughtfully positioned together at the front of the property, while four paddocks stretch out behind with a gentle rolling contour. Currently grazed, the paddocks are effectively maintained by cattle which will stay with the property, allowing you to enjoy the benefits of lifestyle living without the heavy workload often associated with larger lifestyle blocks.
At the heart of the property is the beautifully renovated three bedroom character home, which has undergone a complete transformation. The result is a warm, modern and welcoming home that blends original character features with stylish contemporary finishes. Multiple outdoor living areas provide effortless indoor-outdoor flow, offering ideal spaces to relax or entertain while enjoying the surrounding rural outlook.
Alongside the home sits a versatile studio, currently used as a gym it has been additional accommodation and a home office providing excellent flexibility.
The property also features a large two-bay shed with an adjoining rumpus or games room, making it ideal for storage, hobbies, a workshop or even a homebased business. An 18 panel solar system adds further efficiency and sustainability to the property.
A standout feature is the beautifully designed self-contained one bedroom cottage, privately positioned away from the main home. Finished to a high standard with rustic warmth and modern comfort, the cottage has proven itself as a popular, highly-rated AirBNB and a reliable long term rental. It is currently rented at $400 per week, providing immediate passive income and helping offset the mortgage.
The property is also well set up for those interested in a more self-sufficient lifestyle, with flourishing vegetable gardens and home orchard, rainwater collection, two septic systems and ample firewood supply. A large dam adds further character to the property, attracting birdlife and offering excellent duck shooting opportunities.
With its thoughtful layout, versatile buildings and established infrastructure, this property offers an opportunity to enjoy rural lifestyle living with flexibility, income potential and minimal maintenance.
Whether you are looking for space for extended family, a home based business, or simply a peaceful country lifestyle that helps pay for itself, 1490 Elsthorpe Road delivers a unique and highly appealing opportunity.
